News

Real World Investor released research Monday estimating that Americans will need more than $1.1 million in additional savings ...
Reality is reality and fantasy is fantasy. Pretending fantasy is reality only works insofar as others are willing to tolerate ...
Liberty Reverse Mortgage provides HECM and HECM for purchase loans exclusively. Both are reverse mortgage loans insured by the Federal Housing Administration (FHA) and are available to people 62 ...
PARAMUS, N.J., May 20, 2025--Longbridge Financial LLC, a leading national reverse mortgage lender and servicer, announced today the launch of Platinum Preserve, a first-of-its-kind feature for the ...
Longbridge offers two types of HECM in all 50 states and Washington, D.C.: HECM Reverse Mortgage for homeowners who currently own their home and HECM for Purchase, for those buying a new home.
A reverse mortgage is a unique type of loan that allows older homeowners to borrow money against the equity in their house (or condo) that doesn’t have to be repaid until the homeowner dies ...
How to apply for a CHIP Reverse Mortgage You can’t apply for a reverse mortgage with HomeEquity Bank online. To do that, you’ll have to call the bank (1-866-758-2447) to speak with a mortgage ...
Also, because reverse mortgages are complex loans, all borrowers are required to get counseling through a HUD-approved independent counseling agency before taking one out. Most agencies charge ...
If the reverse mortgage come due after your death, your heirs can sell the home for the full loan balance — or at least 95% of its appraised value, if the amount owed is more than what the ...
It’s my humble opinion that someone with a $1.1 million 401k nest egg has plenty of options that should be considered before committing to getting a reverse mortgage.
A reverse mortgage is a loan that lets homeowners 62 and older tap their home equity for income, and the loan typically isn't due until the homeowner dies or the home is sold.
Reverse Mortgage Self-Evaluation: A Checklist of Key Considerations, which asks a series of questions to determine whether a reverse mortgage is the right option for you before you contact a lender; ...