Both can help alleviate financial stress. Here's how to determine which makes sense for you, according to experts.

This reverse mortgage rule could help heirs keep the home after the borrower dies — but there's one big catch.

While you can't outlive a reverse mortgage, your loan doesn't last forever. When the last borrower or eligible non-borrowing ...

Selling a long-held family home, replete with childhood memories and links to a local community, is one of the toughest ...

Reverse mortgage loan amounts are tied to the expected interest rate. The lower the rate, the more money you can borrow. Some ...

If you're concerned that your parents are considering a reverse mortgage, discuss their financial situation with them to help ...

Home equity is a valuable financial resource. By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 ...

SoFi reports that FHA loans are ideal for first-time buyers with lower credit scores and smaller down payments, though they ...

Thanks to HUD supervision, reverse mortgage defaults dropped from 5% in 2014 to 1.5% in 2019, and HUD counseling services have become a crucial tool in educating borrowers about potential risks ...

One loan sale is planned for Wednesday, while the other is tentatively happening in September. All-in-all, the two offerings ...

Onity Group has managed to preserve “marginal profitability” in reverse mortgage originations, despite ongoing market ...

Like many of his colleagues, Rodriguez feels optimistic about the places the reverse mortgage product can go. “I’m still a very, very strong believer in what this can do, No. 1,” he said.