I overheard a friend talk about how happy she was getting approved for a reverse mortgage and was intrigued,” Marie tells ...

Read more: What are the pros and cons of a reverse mortgage? Reverse mortgages have a long history. Originating in 1961, they gained US federal government backing in 1988 through the HECM program.

But it comes with costs and risks. It’s important to understand reverse mortgage pros and cons before you sign on the dotted line. You should consider all your borrowing and housing options ...

A longtime retirement researcher weighs in on the possible benefits of property tax deferrals for older homeowners.

All reverse mortgage borrowers must complete a counseling session with a Department of Housing and Urban Development-approved counselor. During this session, you’ll learn the pros and cons of ...

Pentagon Federal Credit Union Mortgage Pros and Cons Low average fees Will cover ... Doesn't offer USDA, new construction, or reverse mortgages High credit score required for FHA loans Need ...

Rate Mortgage Pros and Cons Get Mortgage Rates If you don't have ... non-QM, physician, reverse, home equity, HELOC Rate is a very strong mortgage lender, offering a wide variety of mortgages ...

Welcome to the Ellington Financial First Quarter 2025 Earnings Conference Call. Today's call is being recorded. At this time, all participants have been placed in a listen-only mode. The floor will be ...

Accessing your home’s equity can be a pivotal financial move if you have a specific use for that equity. To meet the essential qualifications, you must have a substantial amount of equity in your home ...

After last week’s National Reverse Mortgage Lenders Association (NRMLA) Western Regional Meeting in Irvine, California, attendees were generally in high spirits from spending time with their ...

Retirement advisors suggest a contribution strategy to help you reach your retirement income goal. If you've always wanted to ...

Myth #1: To qualify, you must own your home free and clear. Reality: You do not need your home fully paid off to get a reverse mortgage. In fact, many people use a reverse mortgage to pay off an ...