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Here's when a reverse mortgage makes sense, experts say

One option — at least for those who own homes — is a reverse mortgage. With these types of products, your lender pays you out of your home equity. You can then use those funds for whatever purpose you ... read more

Kristen Sieffert leads the reverse mortgage presence at The Gathering

FOA's president spoke about bringing reverse mortgages into the mainstream at the event in Scottsdale, Arizona. read more

Unlock Your Home Equity: Modern Reverse Mortgages for Retirement Planning

Not just for emergencies anymore, in this series our expert explores how reverse mortgages can boost your retirement income and financial security. read more

GAO highlights reverse mortgage counseling in new report

Older adults need more information about financial programs, with GAO citing the HECM counseling program as an age-targeted example. read more

The best times to get a reverse mortgage

A reverse mortgage can help relieve financial pressure for seniors, but it's important to get the timing right. read more

A Reverse Mortgage On The Country

In 2010 we published a KnowRisk commentary with a greatly simplified description of the US budget called Federal Budget 101. The same issue has not only remained, but unfortunately grown in size. read more

Reverse Mortgages: A powerful financial tool not just for seniors

In an era where financial uncertainty looms large, particularly for seniors, reverse mortgages are emerging as a crucial tool to ... read more

What is a reverse mortgage and how does it work?

A reverse mortgage is a type of loan older homeowners can use to turn the equity of their primary residence into income. Instead of taking out a large loan to buy a home and slowly paying it back ... read more

Gabe’s top 10 ways to use a reverse mortgage

There are endless ways that you can use a reverse mortgage and incorporate equity into your retirement. Paying off a mortgage and eliminating a mortgage payment is probably the most common use ... read more

Rising Rates Reduce Reverse Mortgage Payouts

The American Association of Retired Persons (AARP), a nonprofit, nonpartisan organization that advocates for Americans aged 50 and older, warns that rising interest rates will reduce reverse-mortgage ... read more

Refinance vs. Reverse Mortgage: Which Is Better?

Deciding between a refinance and a reverse mortgage can feel tricky. A refinance allows homeowners to receive more favorable loan terms while a reverse mortgage assists older homeowners interested ... read more

Zillow Home Loans Review 2024: A Simple Online Mortgage Experience for Well-Qualified Borrowers

Zillow Home Loans offer a simple online mortgage experience, including prequalification with only a soft credit inquiry. But its minimum credit score criteria is a bit stricter than some other lenders ... read more