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Proprietary
Proprietary means private. These are reverse mortgage loans offered and insured by private lenders and not backed or regulated by the federal government.
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Recent Articles
Who Can Get a Reverse Mortgage?
In 2021, 49,207 borrowers entered into reverse mortgages, an increase from the previous year. Reverse mortgages are becoming more popular...
What Is Home Equity?
The average price of a house in the US is $428,700 in 2022. Owning a home offers a range of benefits, and one of those is establishing...
How to Get a Reverse Mortgage
Are you nearing retirement and curious about what a reverse mortgage is? Ready to tap into your home equity? A reverse mortgage could be a...