A reverse mortgage requires that borrowers have substantial equity in their homes. Here are some options if you don't have enough equity to qualify.
A shared equity agreement is a lesser known way of tapping home equity for cash. Unlike a loan, this agreement gives an investor a share of the equity in the home. Here's how it works.
Yes, you can use a reverse mortgage to buy a house. Here's what you need to know about HECM for purchase loans.
The truth about reverse mortgages is that they offer many borrowers a secure way of staying in their homes as they age and filling gaps in their retirement plan.
Though not merited, reverse mortgages have had a hard time shaking a poor reputation. Here's how reverse mortgages got a bad rap and why it's not true.
Reverse mortgages have been around for decades and are safer then ever. But though they offer a viable retirement planning tool for many, they haven't caught on in the mainstream. Here are a few possible reasons why.
Though powerful financial tools, reverse mortgages aren't right for everyone or every financial situation. Here are 7 situations in which a reverse mortgage might not be a good fit and ways to make it work.
There is a lot of confusion surrounding reverse mortgages. Here are some facts and statistics to help you separate truth from fiction.
Reverse mortgages give borrowers a variety of proceed options to choose from. Here is a rundown of the possibilities and how each works.
A retirement mortgage is any mortgage taken in retirement. Here is a rundown of the various types of retirement mortgages available.