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MIP
MIP, or Mortgage Insurance Premium, is a fee paid by homeowners who take out loans backed by the Federal Housing Administration (FHA).
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Mortgage Interest Rate Index
When you apply for a reverse mortgage, lenders must conduct...
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Recent Articles
When Is the Best Time to Get a Home Equity Conversion Mortgage?
You've built all this equity in your home over the years, but when is the right time to access it? If you're in the golden years of your...
How to Access the Equity in Your Home
Did you know that it is possible for older adults who have reverse mortgages to use their home equity in order to fund their retirement?...
Is a Reverse Mortgage a Good Idea?
2021 was a big year for the reverse mortgage. With over 52,000 originating in 2021 alone, it's not difficult to see that it's worth...