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 ...

When considering a reverse mortgage, understanding the 60% rule is crucial for older homeowners. This rule, which limits the initial access to home equity, is designed to ensure financial stability ...

Reverse mortgages and senior home equity solutions in general have evolved significantly over the years. However, many people, including older homeowners and their heirs, still hold outdated beliefs ...

Learning how mortgages work can be confusing. We put together a brief guide focusing on where to find current rates and types of mortgages available.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while reverse mortgages can provide relief to the right retirees, ...

The U.S. Department of Housing and Urban Development has reopened the public comment period for its reverse mortgage programs, extending the deadline to Jan. 5, 2026. Industry groups have submitted ...

NRMLA urged New Jersey lawmakers to advance SB 4970, which would exempt reverse mortgages from secondary mortgage repayment rules requiring equal installments. The ...

For many older Americans, their home is more than a place to live. It's their biggest financial asset. For those who need access to more income in retirement, tapping into that wealth can be a smart ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. There's a lesser-known reverse mortgage designed for specific, essential ...

A new class-action lawsuit is putting renewed scrutiny on the reverse mortgage servicing industry, alleging that several large companies unlawfully charged older homeowners fees that federal rules ...