What is a reverse mortgage? A reverse mortgage is a home loan that allows people ages 62 and older to borrow against their ...

Reverse mortgage borrowers can receive funds in one of three ways — a lump sum, monthly payments or a line of credit — or a combination thereof. The amount a homeowner can borrow depends on their home ...

Home equity is a valuable financial resource. By definition, it's the difference between your home's value and how much you owe on your mortgage. For example, if your home is worth $500,000 and you ...

Learn how a reverse mortgage can unlock cash for retirement, plus the ins and outs of how these loans for older homeowners work.

Retirees should closely compare their HELOC and reverse mortgage options before borrowing any equity from their home. Shkljoc/Getty Images Retirees are increasingly exploring home equity as a tool ...

The Oregon legislature held a hearing last week on a proposed bill that seeks to limit the amount of equity a reverse mortgage lender can receive after the sale or transfer of a property.

Longbridge Financial Introduces New Proprietary Reverse Mortgage Feature That Preserves Equity for Heirs New product feature helps older homeowners tap home equity while preserving wealth for ...

Here's how a reverse mortgage can allow a retiree to buy a new home without any monthly mortgage payments. By now, most people understand that a reverse mortgage is a type of loan that allows ...

A bill in the state of Hawaii that seeks to establish a state-run equivalent of the Federal Housing Administration (FHA)’s Home Equity Conversion Mortgage (HECM) program appears to be dead in ...