Paying back a reverse mortgage is necessary upon death or selling the home, and there are ways to repay the funds early.

Financial planners frequently recommend reverse mortgages to help qualified older folks supplement their income in retirement ...

A reverse mortgage can offer seniors access to the funds they need, but there are borrowing restrictions to know.

When used strategically, a reverse mortgage can support generational wealth while allowing you to age in place.

Explore the tax benefits of reverse mortgages, including strategies for Roth conversions and delaying Social Security.

Reverse mortgages can help older homeowners free up cash in retirement by borrowing against the value of their home. They can ...

A HECM is a type of reverse mortgage insured by the Federal Housing Administration (FHA) designed to help people 62 years of age or older convert some of their home equity into cash. Borrowers can ...

Time seems to be running backwards at the Consumer Financial Protection Bureau (CFPB). The agency is going back in time, dismissing pending cases and even ...

A reverse mortgage allows older homeowners to borrow against their home's equity. But, unlike the monthly payments required by a home equity loan or HELOC, the debt from a reverse mortgage is ...

There are rules about how reverse mortgages can be promoted Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing ...

It’s an unfortunate thing that many seniors reach retirement age with very little savings. So if you get to that point and need money, you may be inclined to sign up for a reverse mortgage. In fact, ...

Additionally, the HECM file must include evidence of citizenship or permanent residency status on the Residential Loan Application for Reverse Mortgages (RLARM). But the HECM section of the ...