News

Federal Housing Administration (FHA) loans are a choice for first-time homebuyers who may have trouble qualifying for a conventional home mortgage.
The 60% reverse mortgage rule limits upfront borrowing. Here's what that means for older homeowners and their debt.
As retirees seek to remain in their homes rather than move into assisted-living facilities, aging in place has shifted from a ...
Reverse mortgage loan amounts are tied to the expected interest rate. The lower the rate, the more money you can borrow. Some ...
Reverse mortgages—specifically the Home Equity Conversion Mortgage (HECM)—have matured significantly over the last 20 years.
Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly ...
Based on the loan process, credit score requirements, funding time and availability, Upgrade is our top choice for personal loans for seniors. Best Egg stands out for offering flexible repayment ...
President Donald Trump's administration announced this week that mortgages sold to Fannie Mae and Freddie Mac will now accept VantageScore credit scores.
COEUR D’ALENE, Idaho — The Tunnel to Towers Foundation has announced plans to pay off the mortgages of the homes belonging to two fallen first responders from Coeur d’Alene.
The number of mortgages approved by British lenders for house purchases unexpectedly jumped in May, according to Bank of England data that suggested the housing market recovered quickly from the ...
Retirement Shouldn’t Be Scary. Retirement should be a time of peace, not panic. However, for seniors with a reverse mortgage (also known as a Home Equity Conversion Mortgage or HECM), the ...