I overheard a friend talk about how happy she was getting approved for a reverse mortgage and was intrigued,” Marie tells Money Talks News. “I hadn’t heard about reverse mortgages before, but my ...

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

Reverse mortgage flip the traditional lending model on its head. ... For example, a $100,000 reverse mortgage at 7.5% could grow to a whopping $206,000 in 10 years.

RMD sat down with Longbridge's Melissa Macerato to talk about the origins of Platinum Preserve and the reception to date.

A reverse mortgage allows seniors to access cash from the equity they've amassed in their home. It can be an appealing prospect: You retain ownership of the property and the funds don't have to be ...

If your home is worth $400,000, for example, and you have $100,000 remaining on your mortgage, you could refinance with a loan for $320,000 (an 80% loan-to-value ratio).

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.

You have a substantial amount of home equity and need to supplement retirement income. If you own your home outright and find Social Security isn’t enough to meet your needs, a reverse mortgage ...

Hey, for you LOs who think things are slow, you can always go into golf. The best example of this is ex-LO Ben Griffin who ...

Senior citizens looking to unlock the value of their homes without selling them can benefit from reverse mortgage loans.

According to a recent survey, around one-third (29 per cent) of soon-to-be-retired Canadians say they will continue to pay ...