With the new reverse mortgage loan limit on its way, I know that originators are looking for a calculator that shows the $625,500 loan limit. IBIS published a sample calculator for RMD readers which ...

A reverse mortgage allows older homeowners to tap their home’s equity and receive tax-free payments. Many reverse mortgage borrowers use these payments to supplement retirement income. The most common ...

My last couple of posts, beginning with The Mortgage is Dead; Long Live the Reverse Mortgage, have extolled the virtues of the improved FHA HECM reverse mortgage products. Given that the typical ...

The Age of Reverse Mortgages, which I wrote about in April, is here. We can credit a new form of reverse mortgage, the Saver Home Equity Conversion Mortgage (HECM), for getting the ball rolling. The ...

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(NewsNation) — Reverse mortgages are one way for older homeowners to borrow money against their home equity without having to sell, but they can also be financially risky. If you’re 62 or older, you ...

Reverse mortgages allow seniors to tap into their home equity to supplement living expenses during retirement. Reverse mortgages come with age, residency, equity and debt guidelines the borrower must ...