Reverse mortgages can unlock big financial flexibility, but some options may work better than others right now.

A reverse mortgage can help eliminate remaining mortgage payments. Paying off an existing home loan with a reverse mortgage ...

The Department of Housing and Urban Development recently published a new FAQ document for servicing questions related to HECMs. The FAQ includes 12 different questions that cover a range of topics. It ...

F or many retirees, a reverse mortgage can be a useful tool that adds some much-needed breathing room to their finances. By allowing homeowners ages 62 and older to tap into their ...

A reverse mortgage allows older homeowners to tap their home’s equity and receive tax-free payments. Many reverse mortgage borrowers use these payments to supplement retirement income. The most common ...

Reverse mortgages let older homeowners stay put for years, but how long that actually is depends on a few factors.

Our team researched more than two dozen of the country’s most home equity lenders, including large companies like Navy Federal Credit Union, U.S. Bank, TD Bank, Third Federal and Spring EQ. 640 Data ...

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 ...

Paul L. Underwood is a writer and editor specializing in finance whose work has appeared in The New York Times, Esquire, Texas Monthly and more. Paul lives in Austin, Texas, with his wife, two ...

"This new reverse 2nd loan allows seniors to keep their great 1st loan and tap just a little bit of their equity with a no-payment 2nd loan. It allows seniors to make ends meet and enjoy retirement.” ...

Watermark Reverse Mortgage is a licensed lender specializing in reverse mortgage solutions for homeowners aged 55 and older. It offers loan products insured by the Federal Housing Administration (FHA) ...

An appeals court ruled that HEIs are reverse mortgages under Washington state law, impacting Unison and similar providers.