Reverse mortgage professionals made more inroads into the forward mortgage industry in 2024. This happened through dedicated conversations, partnerships between reverse and forward mortgage ...

A reverse mortgage allows older homeowners to borrow against the equity they've accrued in their home. But unlike the monthly payments required by a home equity loan or HELOC, the debt from a ...

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 ...

For senior homeowners, one viable option is a reverse mortgage, which is a unique type of mortgage that allows individuals aged 62 or older to convert a portion of their home equity into cash.

As a growing number of Canadians retire with mortgages, some are turning to reverse mortgages to tackle that debt. Reverse mortgages are still a niche product, but the business has grown rapidly ...

Homeowners typically can lean on the value of their homes should they need money for improvement projects or other plans. Reverse mortgages are one way to do just that.

David Herron's home in North Lawndale has been in his family for more than six decades. Among other repairs, it needs a new ...

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 ...

The Rochon Mortgage Team breaks down the loan options you have with a reverse mortgage. They’re the first choice you should ...

A reverse mortgage lets you tap into that equity without selling the home or adding to your monthly debt load. But what happens if you no longer want the home? Can you sell a house with a reverse ...

Pekic / Getty Images A reverse mortgage is a special type of lending arrangement for homeowners age 62 or older. Reverse mortgages allow homeowners to draw from their home equity without having to ...

HousingWire’s RMD spoke with two real estate agents about the HECM for Purchase program as a viable source of business.