reverse mortgage

Reverse mortgages can be powerful tools for retirement planning — but like any financial decision, they work best when they’re used wisely. Unfortunately, many seniors miss out on the full benefits (or create unnecessary complications) simply because they don’t understand how these loans work. Let’s walk through the top 5 mistakes we see — and […]

You’ve worked hard to build a home — filled with memories, routines, and people you love. So when it comes time to think about retirement and long-term care, moving into a facility may feel like a compromise you’re not ready to make. The good news? You don’t have to. With a reverse mortgage, you can

Most people think reverse mortgages are only for homeowners who want to stay put. But did you know you can actually use a reverse mortgage to buy a new home? It’s called a Home Equity Conversion Mortgage for Purchase (HECM for Purchase) — and it could be one of the smartest ways to right-size your

If you’re thinking about a reverse mortgage, chances are you’re not just thinking about yourself — you’re thinking about what happens after you’re gone. The good news? A reverse mortgage doesn’t erase your legacy — it can actually help preserve it, if planned wisely. Let’s walk through what happens step-by-step when the borrower passes away,

Reverse mortgages have helped millions of older homeowners enjoy retirement with more freedom, less stress, and greater financial control. And yet… there’s still a lot of confusion out there. Let’s clear the air. These are the most common myths we hear — and the facts that help set the record straight. Myth #1: The Bank

Let’s clear this up right now: Yes. You still own your home. One of the most common myths about reverse mortgages is that the bank “takes your house.” That is absolutely false. With a reverse mortgage, you retain full ownership and title — just like you would with a traditional mortgage. The difference is simply

Not everyone can get a reverse mortgage — and that’s a good thing. This unique loan is designed for a specific stage of life, with safeguards to ensure it supports the people it was meant to help. If you’re curious whether you or a loved one qualifies, here’s exactly what lenders look for — and

If you’re 62 or older and own your home, a reverse mortgage might be the financial tool you didn’t know you needed. It’s not a scam. It’s not giving your house away. It’s a strategic way to access the wealth in your home — without selling it or making monthly payments. Here’s what you need