While both of these products offer unique benefits to homeowners, they may not be right for everyone. Here's why each could ...

Home equity is a valuable financial resource. By definition, it's the difference between your home's value and how much you ...

Curious about reverse mortgages? Here are 7 compelling reasons why they're becoming a popular choice for retirees.

First and foremost, borrowers need to contact their servicer immediately if their home is damaged by wildfire, experts said.

More seniors are learning about reverse loans and their appealing advantages. These financial tools use houses as collateral ...

Graves: They’re especially useful as a financial reserve for emergencies, home repairs, or market downturns. For example, instead of withdrawing from investment accounts during a market dip, retirees ...

Fairway is eyeing an expansion of its H4P business by bringing new professionals and referral sources into the fold this year ...

A reverse mortgage can be useful in some cases. When it comes to reverse mortgages, the first note should always be one of ...

Anyone with equity in a home can potentially take advantage of a reverse mortgage, also known as a home equity conversion ...

Still, numerous fees can make reverse mortgages prohibitively expensive for some homeowners. One particularly onerous expense is the lender-required mortgage insurance premium (MIP). If you have a ...

10'000 Hours/ Getty Images Reverse mortgages can be a good way for seniors to release some of the equity in their home. It allows these seniors to borrow money against the value of their home and ...

The U.S. population is older today than ever before, with people over 65 outnumbering children for the first time in history.