The 60% reverse mortgage rule limits upfront borrowing. Here's what that means for older homeowners and their debt.

Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly ...

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

Safely unlock your home's value with these standout lenders and useful tips to help you avoid costly mistakes.

RMI and New View Advisors offered perspectives on the increase in the HECM limit for 2025, which is rising to more than $1.2 million.

2024 HECM limit On Jan. 1, the limit for HECM loans was increased to $1,149,825 by the Federal Housing Administration (FHA).

Home equity conversion mortgages, also called reverse mortgages, can be a boon for seniors who own their homes but whose income has dropped. With a HECM, the lender makes payments to the borrower ...

The Housing and Community Development Act of 1987 (P.L. 100-242, February 5, 1988) established and subsequent legislation has amended, a Federal mortgage insurance program, Section 255 of the ...

Reverse mortgages—specifically the Home Equity Conversion Mortgage (HECM)—have matured significantly over the last 20 years.

Earlier this week, the Federal Housing Administration (FHA) proposed a fresh set of guidelines for the Home Equity Conversion Mortgage (HECM) for Purchase (H4P) program. Highlighted in the Federal ...

GIG HARBOR, Wash., April 22, 2025 /PRNewswire/ -- HECM Tool, the leading reverse mortgage sales and conversion software, announced the integration of Smartfi Home Loans' Choice Fixed proprietary ...

Home equity conversion mortgages, also called reverse mortgages, can be a boon for seniors who own their homes but whose income has dropped. With a HECM, the lender makes payments to the borrower ...