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 life and need cash for retirement or other costs, a Home Equity Conversion Mortgage (HECM) might be right for you. A HECM (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? Many homeowners who have mortgages have noticed that the equity in their homes has dramatically increased during the last few...

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 considering a reverse mortgage if you're in the right phase of your life -- retirement age.  Taking a financial risk when you're...

Did you know that people who are at least 62 years old qualify for a certain type of mortgage that others don't? This is known as a reverse mortgage, and it comes with numerous benefits that you can't find through traditional loans. Not everybody understands what to...

The majority of older Americans are in debt, as high as 70%. If you are a homeowner over the age of 55, you may be able to get a jumbo reverse mortgage to help with your debt. A jumbo reverse mortgage allows you to tap into your home equity, giving you the option of...

In 2021, 49,207 borrowers entered into reverse mortgages, an increase from the previous year. Reverse mortgages are becoming more popular for homeowners who want to make use of home equity, but not everyone is eligible. If you're in need of funds, then you may want to...