Reverse mortgages can be complicated, so it’s wise to learn as much as possible about how they work before signing up for anything. The more knowledge you have on the pros and cons, the easier ...

Not all reverse mortgages are scams, but some can be. To help you spot a scam and steer clear of reverse mortgage fraud, it’s helpful to understand how these loan products work and know what red ...

Reverse mortgages: What they are and how they work A reverse mortgage is a type of loan that allows homeowners ages 62 and older to borrow against their home equity, using their home as collateral.

Home equity conversion mortgages (HECMs) are the most common type of reverse mortgages. Insured by the Federal Housing Administration, they're reserved for homeowners 62 or older and, in 2025 ...

A reverse mortgage allows homeowners age 62 and older to borrow money using their home as collateral. Learn what makes them different from home equity loans.

Reverse mortgages allow people ages 62 and older to tap a portion of their home equity without selling the home. Irrevocable trusts are a way to shield assets—including a home—from estate taxes.

A reverse mortgage is an increasingly popular way for Canadians aged 55 and older to access the equity they’ve accrued in their homes. Reverse mortgages can provide financial flexibility and ...

Unlike reverse mortgages, many HELOCs offer interest-only payments for the first 10 years. The line of credit also allows you to borrow only what you need while preserving equity for your heirs.

Learn about reverse mortgages, their benefits, risks, and eligibility requirements. Discover how they work, and whether they're right for you.

A reverse mortgage advances you funds from the house you already own—up to 55% of your home’s value. Are they a godsend or another symptom of growing debt?

However, reverse mortgages can have considerable downsides when they’re not fully understood. Here’s how reverse mortgages work and what you need to understand before taking advantage of a ...