A reverse mortgage allows older homeowners to tap their home equity. You have several options for how to receive the money. Learn how a reverse mortgage works.
A reverse mortgage could help you cover your monthly expenses if you have limited retirement funds, but it has pros and cons. Learn more.
A reverse mortgage is a type of loan reserved for those 62 and older. Here’s how it works, how you can get one and what to be wary of.
A reverse mortgage uses your home as collateral. Learn more about how to get a reverse and mortgage and next steps.
Paying back a reverse mortgage can be done by selling the home, using savings, obtaining a new mortgage, or giving the lender a deed in lieu of foreclosure.
Everything you need to know about reverse mortgages—what they are, how they work, and how to decide if one is right for you.
Typically, a reverse mortgage loan is more expensive than other home loans.
A proprietary reverse mortgage is a loan that allows seniors to draw on their homes' equity. It isn't federally insured like most reverse mortgages.
All senior homeowners should know and understand the main pros and cons of reverse mortgages before turning their home equity into spendable cash.
A reverse mortgage can offer financial breathing room for homeowners over the age of 62, but not everyone is eligible. You typically need at least 50% equity in your home.