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

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

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

We researched and evaluated rates, customer experience, reputation, and more from leading lenders to help you find the best ...

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 ...

Senior citizens who take this loan can keep living in their house until they pass away or move out. They don’t have to make ...

Apples to Apples Paul Scheper Know Your Alternatives It's a financial trade-off-more freedom and flexibility now versus a hi ...

They turned to a home equity investment company or home equity contract company with a somewhat novel program called home ...

When most people think about reverse mortgages, they tend to picture someone using the funds to help cover basic living expenses or stay in their home longer.

As you know, with a reverse mortgage, the interest is deferred and added to the value of the loan, which would, in theory, eat into your daughter’s inheritance. Interest is only charged on the ...