Retirement Planning: Reverse Mortgages vs. Annuities
For many seniors looking to supplement their retirement income, reverse mortgages and annuities are...
Posts about
#reversemortgage (4)
You Can Get a Reverse Mortgage If You Still Owe on Your Home
A reverse mortgage is a loan option that allows those 55 years or older to leverage the equity in...
Reverse Mortgage Appraisals and Appeals
An appraisal is part of the process when closing a reverse mortgage, just like a traditional...
The Top 5 Reasons to Get a Reverse Mortgage
A reverse mortgage - or Home Equity Conversion Mortgage (HECM) - is a type of loan that allows...
Reverse Mortgages: Eligible vs. Ineligible Non-Borrowing Spouses
It’s possible to get approved for a reverse mortgage if your spouse is younger than 55 years old....
Reverse Mortgages and the Line of Credit Option
Reverse mortgages offer several options for access to the funds from the loan, such as: lump sum,...
How Quickly Must a Reverse Mortgage Be Paid After Death?
A reverse mortgage most commonly becomes due and payable when the last remaining borrowing spouse...
The Intangible Benefits of a Reverse Mortgage
Larry spent his working career in the film industry. Once he retired, he wanted a way to supplement...
The Expense of a Reverse Mortgage
A reverse mortgage is a loan that leverages the equity in a home to generate cash (immediate, over...
Learning More About Eligible Non-Borrowing Spouse Qualifications for a Reverse Mortgage
You may have read that in order to qualify for a reverse mortgage, you need to be 62 years old....