Access your equity, remain in your home and get money for expenses in retirement Written By Written by Contributor, Buy Side Mary Beth Eastman is a contributor to Buy Side and finance expert, ...

Taking out a reverse mortgage requires some due diligence on your and your lender’s part, similar to taking out a traditional ...

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 ...

Homeowners can tap into their equity and receive monthly payouts when they want to retire. Reverse mortgages make this possible and don’t require a credit score or income. A single-purpose reverse ...

Not all reverse mortgages are scams, but people exploring them should be extremely wary. Many reverse mortgage scams — carried out by unscrupulous parties from financial advisors to contractors — can ...

Do you need to access equity in your high-value home? If the house is your primary residence and you're over age 62, you're in luck. You could get a proprietary reverse mortgage and access equity from ...

For many older Americans, retirement comes with a mix of financial security and new challenges. While Social Security provides a reliable income stream, it's rarely enough to maintain the lifestyle ...

They tend to be higher than for other home loans Fact checked by Vikki Velasquez Reviewed by Lea D. Uradu Fact checked by Vikki Velasquez Reviewed by Lea D. Uradu Taking out a reverse mortgage can be ...

Listen and subscribe to Decoding Retirement on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. If ever you want to clear out a room, start a conversation about reverse mortgages.

Home equity among people 62 and older reached an all-time high of more than $13 trillion late last year, coinciding with a record wave of people turning 65. That combination of housing wealth and ...

Lisa Moriello, the national retail reverse mortgage sales manager at multichannel lender loanDepot, recently spoke to RMD about how business in 2024 seemed to be off to a promising start. Diving ...