Pistone said SecureEquity is especially useful for younger borrowers who are not yet eligible for HECMs, homeowners seeking higher loan-to-value options with lower upfront costs or those needing loans ...

If you're planning to take out a reverse mortgage now, avoid these mistakes, which could cost more than expected.

The 6-month reverse mortgage rule is an important one to understand, as it can make or break your estate plans.

For older homeowners considering a reverse mortgage, one of the most important factors to understand is the 60% rule. This lending cap, introduced as a safeguard, determines how much money borrowers ...

Older adults face distinct financial challenges as they approach their retirement years, especially if their income declines. Fortunately, if they've gained equity in their homes, they can take out a ...

Homeowners have multiple avenues to look into if they want to tap their home equity. A home equity line of credit (HELOC) is one such tool, and while this line of credit offers flexible financing, it ...

The knowledge and use of artificial intelligence (AI) among older generations is often misunderstood and mischaracterized. But seniors are often following the path of the wider population when it ...

When you inherit a home with a reverse mortgage, you're given six months to pay off the balance, or up to a year if you can get the deadline extended. It's best to work with the loan servicer to avoid ...

For many seniors, one of the biggest concerns when approaching retirement is what to do with their home. Two of the most common options are taking out a reverse mortgage or selling their home outright ...