When to Get a Single-Purpose Reverse Mortgage

If you’re an older homeowner who needs help paying for property taxes or home repairs, a single-purpose reverse mortgage may be a good option.

What is a reverse mortgage and how does it work?

If you're a senior with lots of home equity, a reverse mortgage could provide a lot of cash. There are some serious considerations, however.

What is a reverse mortgage, and should you get one?

Learn about reverse mortgages, which allow you to borrow against the equity in your home but come with a number of pros and cons.

The best reverse mortgage lenders of October 2024 | CNN Underscored Money

Get an overview of the reputable reverse mortgage companies, their services, loan variety and customer experience.

Reverse Mortgage: The Pros and Cons

Learn how to tell whether your situation makes a reverse mortgage a good idea or a bad one.

What Is a Reverse Mortgage? | Britannica Money

A reverse mortgage is actually a loan, with the payments consisting of slices off the equity in your home. It can help you pay your bills in retirement, but the fees can be hefty.

Reverse Mortgage Scams

Interested in a reverse mortgage? Make sure to avoid these common reverse mortgage scams targeted at senior homeowners.

Should I sell and rent or get a reverse mortgage? - MoneySense

What to consider before selling your home or getting a reverse mortgage. The math reveals the real costs for retirees.

What Is a Reverse Mortgage? How They Work, Requirements and Costs

A reverse mortgage is a type of loan that allows older homeowners to borrow against their home’s equity. See if a reverse mortgage is the right option for you.

How to Stop Foreclosure on a Reverse Mortgage

While you are not required to make monthly payments on a reverse mortgage, there are other requirements that could result in foreclosure if not met.