I could live on my Social Security alone, as I wouldn’t have a house payment if I paid off the reverse mortgage.” ...

Reverse borrowers can choose to receive monthly payments for life (or as long as they live in their home). And they're not ...

Both options have advantages and disadvantages for retirees. Here's what experts say homeowners should know now.

When most people think about reverse mortgages, they tend to picture someone using the funds to help cover basic living ...

Reverse mortgages are specialized home equity loans for homeowners age 62 and up. A reverse mortgage gets its name because instead of the homeowner making payments to a ...

If you think you’ve been a victim of a reverse mortgage scam, file a complaint with the Federal Trade Commission on its ...

Boomers, your reverse mortgage could drain generational wealth—learn smart strategies to pay it off and protect your family’s ...

I overheard a friend talk about how happy she was getting approved for a reverse mortgage and was intrigued,” Marie tells ...

But there are some major restrictions: To qualify for a government-backed home equity conversion mortgage (HECM), the most common reverse mortgage, you must be at least 62 and have 50% equity in ...

While only a fraction of her clients use them, Rachel Gustafson says that reverse mortgages are a useful tool for those with ...