Reverse mortgages can unlock big financial flexibility, but some options may work better than others right now.
The largest reverse mortgage lender in the country, Mutual of Omaha accounted for over 22% of the market in 2024. It offers both FHA-backed Home Equity Conversion Mortgages (HECMs) and a proprietary ...
While most reverse mortgage borrowers don't make regular payments, you're not actually required to wait until a triggering ...
Reverse mortgages provide a lifeline to older borrowers. Attorneys from the AARP Foundation have joined a proposed class action lawsuit against Compu-Link (Celink) and Reverse Mortgage Funding (RMF), ...
In my previous article, we discussed the importance of re-evaluating reverse mortgage marketing to “seniors” by dividing the current demographic into two groups: members of the post-World War II ...
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Best known for creating the 1980s title role of the ...
A reverse mortgage must be paid back when the borrower dies, moves out of the home or stops fulfilling the terms of the agreement, such as paying property taxes. You might choose to get out of a ...