Reverse Mortgage Advice & Articles

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  • Featured
    How to Get a Reverse Mortgage for a Mobile Home
    As Americans age, they often downsize to an affordable life as seniors. For seniors living at home, the economics can seem challenging, especially if they find themselves "house rich" and "cash...Read More
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    Understanding Reverse Mortgage Interest Rates
    Reverse mortgages were introduced in the early 1960s as a way to help senior citizens access the equity they had built into their homes. In 1987, the U.S. Department of Housing and Urban Development systematized...Read More
  • Featured
    What Is a Reverse Mortgage?
    Reserve mortgages, which can also be called a home equity conversion mortgage (HECM), work the exact opposite of a traditional home loan. Instead of initiating a loan for a home purchase, those who choose...Read More
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    Home Equity Conversion Mortgage (HECM): HUD Reverse Mortgage Programs
    The Home Equity Conversion Mortgage (HECM) remains the most-popular reverse mortgage program in the U.S. This is probably because of its advantage in offering lower interest rates to borrowers over proprietary...Read More
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    Reverse Mortgage Pitfalls
    Many people' knowledge of reverse mortgages is a bit fuzzy, and where there is fuzz, there's often fear. In this case, there should be some fear, or at least some caution. Reverse mortgage...Read More
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    How to Get Out of a Reverse Mortgage (Without Actually Dying)
    Because reverse mortgages are seen as a strategy for being able to afford to stay in your home through retirement, they are often viewed as something of a one-way deal. However, that should not imply that...Read More
  • Featured
    How Does a Reverse Mortgage Work?
    A reverse mortgage works like a home equity loan, except the homeowner doesn’t have to repay the loan in monthly installments. It allows homeowners to continue living in their home while taking the...Read More
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    How to Shop for a Jumbo Reverse Mortgage
    Also known as private reverse mortgages or proprietary reverse mortgages, a jumbo reverse mortgage loan is a loan that exceeds the maximum allowed by the U.S. Department of Housing & Urban Development's...Read More
  • Featured
    12 Key Reverse Mortgage Questions – Answered
    The following reverse mortgage questions and answers should give you a reasonable idea about the basics concerning these loans. But a single article can only be the start of your gaining a full understanding,...Read More