Reverse mortgages are a great way to secure a steady stream of retirement income, whether as your primary source of funding or as a supplement to other forms of cash...

Reverse mortgages allow retirees 62 years of age and older to use their home’s equity for an additional source of income. This is a valuable financial tool for senior...

Myth 1: You won’t own your home anymore Myth 2: You’re required to make monthly mortgage payments  Myth 3: Your children will be left with the debt  Myth 4: To qualify...

What Does a Mortgage "Principal" Mean? As you apply for a reverse mortgage, there will be various terms mentioned that you may be unfamiliar with. One such term you may...

There are three main types of reverse mortgages: federally insured reverse mortgages, proprietary reverse mortgages, and single-purpose reverse mortgages. While...

In short, a mortgage loan officer is someone who helps borrowers throughout the mortgage loan application process. Read more below about their specific tasks and how...

When obtaining a reverse mortgage, there are various clauses that you’ll have to read through and understand so you can avoid breaking them. One of those clauses is the...

Paying Off Your Reverse Mortgage Early One of the biggest benefits of a reverse mortgage loan is that you do not have to start paying it off until a specified maturity...

Are There Different Types of Reverse Mortgages? Reverse mortgages are a great retirement solution for many homeowners. They allow you to access a portion of your home’s...

What is a Jumbo Reverse Mortgage? Many homeowners wonder how they can access the wealth they’ve built through home equity in the past, so they can improve their...