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Retirees have options, but which income tool should you choose? Here's what to know before locking in a strategy.
CNBC Select reviews Finance of America, a leader in the reverse mortgage market with a wide assortment of options.
Online mortgage lenders have taken over the market. But are you better off with a digital-first company or a traditional bank or credit union?
With a reverse mortgage, seniors can transform the equity in their home into cash, but without the same monthly payment obligations as a HELOC. However, each loan product has pros and cons.
The pitch: Enjoy life without mortgage payments. How they work: A reverse mortgage is a loan against your home that doesn't have to be repaid until you sell, move out for at least 12 months, or die.
The 60% reverse mortgage rule limits upfront borrowing. Here's what that means for older homeowners and their debt.
Reverse pros on the importance of including seniors in mortgage industry plans Fairway’s Dan Ventura and Longbridge’s Chris Mayer talk about serving the increasingly dominant senior ...