Using the funds from a home equity loan to make home renovations can make sense if you're planning on aging in place, but you also have other options.

Eligibility for a reverse mortgage depends primarily on your age and the amount of equity you have in your home. Requirements for a home equity conversion mortgage (HECM) are set by the FHA.

To be eligible for a HECM, you must meet the requirements set by the federal government: To be eligible for Reverse Mortgage Funding’s Equity Elite mortgage, you must meet the following ...

You'll need to be 62 or older to qualify for a reverse mortgage (with some rare exceptions) but, if you meet the age requirements, this could be the preferable way to borrow home equity ...

Three common avenues for doing so are reverse mortgages, home equity loans and cash-out refinancing ... Your home must be in good condition and meet specific requirements. If it doesn’t ...

Home equity contracts have no age restrictions ... But plaintiffs in the case allege that it meets all the requirements of a reverse mortgage, and that Unison is seeking to avoid the regulatory ...

The Oregon legislature held a hearing last week on a proposed bill that seeks to limit the amount of equity a reverse ...

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

If you qualify, you can borrow against that equity to access cash. Three common avenues for doing so are reverse mortgages, home equity loans and cash-out refinancing. A reverse mortgage is a loan ...

Three common avenues for doing so are reverse mortgages, home equity loans and cash-out refinancing ... Maintenance standards: Your home must be in good condition and meet specific requirements. If it ...