A reverse mortgage could give your retirement income a boost. Here's how it may work with Social Security.

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Reverse mortgages are specialized home equity loans for homeowners age 62 and up. A reverse mortgage gets its name because instead of the homeowner making payments to a lender… ...

I took out a reverse mortgage, and my current interest rate is 6.75%. I have about $325,000 equity in my home currently, with a reverse-mortgage payoff amount of around $200,000.

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Not all reverse mortgages are scams, but people exploring them should be extremely wary. Many reverse mortgage scams — carried out by unscrupulous parties from financial advisors to contractors ...

We researched and evaluated rates, customer experience, reputation, and more from leading lenders to help you find the best reverse mortgage for your needs.