Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly payments.

Promise Home Loans is a mortgage broker that connects adults who are at least 62 years old with lenders to secure home equity conversion mortgages (HECMs). It also helps qualified seniors purchase a ...

A reverse mortgage is a type of home loan for seniors that works backward. Rather than making payments to your lender, you receive payments — sort of like an advance on your eventual home sale. If you ...

Watermark Reverse Mortgage is a licensed lender specializing in reverse mortgage solutions for homeowners aged 55 and older. It offers loan products insured by the Federal Housing Administration (FHA) ...

There were a total of 361 consumer complaints submitted to the Consumer Financial Protection Bureau (CFPB) related to the reverse mortgage industry during the calendar year 2023, according to a ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. If you own your home (or most of it), a reverse mortgage may be able to ...

While inflation is down from a year ago, it has recently started to creep back upward again. When you throw in high interest rates and declining wage growth, many Americans are feeling the financial ...

AAG Reverse Mortgage Review: Is It Any Good? American Advisors Group (AAG), a reverse mortgage lender, offers an option to live in your home mortgage-payment-free for a set period — but not without ...

The rise of artificial intelligence (A.I.) and its utility in daily life is fast-evolving and disruptive, but also comes with complicated ethical questions for businesses. The most visible A.I.-based ...

PHH Mortgage, a subsidiary of Onity Group Inc., has introduced a new proprietary reverse mortgage product called EquityIQ®, available through its wholesale network under the Liberty Reverse Mortgage ...

A reverse mortgage must be paid back when the borrower dies, moves out of the home or stops fulfilling the terms of the agreement, such as paying property taxes. You might choose to get out of a ...