Reverse mortgages allow eligible homeowners to tap into equity. You can get one for a two-family house as long as you use the home as a primary residence.

Yes, you can sell a home with a reverse mortgage. But while some mortgages allow the borrower to transfer responsibility to someone else — a seller to a buyer, for example — reverse mortgages ...

Before tapping your home equity for cash through a reverse mortgage, consider the costs, disadvantages, and the financial impact on your retirement.

"With a reverse mortgage, people take their home equity and turn it into a flexible source of money," Bell says. "This gives them more options during retirement. For example, when they need money ...

With over three years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed ...

which sets the maximum federally insured reverse mortgage at 60% of the borrower’s home equity. For example, say that you own a $500,000 home outright. A lender could lend you up to $300,000 in ...

Fact checked by Skylar Clarine When it comes to reverse mortgages, homeowners have options. A home equity conversion mortgage (HECM) may seem like the best option, but for homeowners with a high-value ...

There's only one home equity borrowing product, however, that's arguably more beneficial than those two options and also ...

A HELOC will generally be better for more homeowners in 2025 for a simple reason: it doesn't come with the same age restrictions that a reverse mortgage does. But that's not the only reason why it ...

Graves: They’re especially useful as a financial reserve for emergencies, home repairs, or market downturns. For example, instead of withdrawing from investment accounts during a market dip, retirees ...