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...

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 equity. While paying off a...

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 great way to do it! This type...

Wondering if a reverse mortgage is the right option for you? More people opted for a reverse mortgage in 2022 than ever before and this article will explain some...

As time passes, one’s financial priorities inevitably shift. Retirees are often left with two choices: sell their home or be stuck trying to pay off the mortgage. To...

Reverse mortgages are becoming an increasingly popular way to tap into your home’s equity. In fact, in 2021, reports showed that a national reverse mortgage lenders...

Many banks and mortgage lenders often offer borrowers lender credits to help pay for closing costs. Here we’ll discuss lender credits in more detail and how you can use...

You’re not alone if money’s a concern as you think about the future. Reverse mortgages (HECM loans) are a safe and flexible financial tool used by millions of older...

A loan origination fee for a mortgage is a charge that lenders establish as compensation for setting up or processing your loan. This fee can range anywhere between...

When you apply for a reverse mortgage, lenders must conduct a financial assessment to verify you have enough money to cover ongoing expenses, such as property taxes and...