Paying back a reverse mortgage is necessary upon death or selling the home, and there are ways to repay the funds early.

Reverse mortgages are a financial product for older homeowners that allows them to tap into the equity they’ve built up in ...

When used strategically, a reverse mortgage can support generational wealth while allowing you to age in place.

Financial planners frequently recommend reverse mortgages to help qualified older folks supplement their income in retirement ...

The industry’s current HECM market leader is rolling out a new proprietary reverse mortgage product line known as SecureEquity.

Your home is one of your biggest financial assets. If you’re retiring, it may also be more space (and expense) than you need.

The simple act of withdrawing money during the downturn not only becomes a taxable event, but it's also going to be an ...

Angelica Leicht is senior editor for Managing Your Money, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing roles at The Simple Dollar ...

At some point in our lives, seven out of ten of us will need long-term care. And costs for it are high, rising faster than ...

A HECM is a type of reverse mortgage insured by the Federal Housing Administration (FHA) designed to help people 62 years of age or older convert some of their home equity into cash. Borrowers can ...

A reverse mortgage-related bill that was introduced in the Maryland state Senate that would have put the onus on lenders to cover some extra expenses tied to the Home Equity Conversion Mortgage ...

A reverse mortgage allows older homeowners to borrow against their home's equity. But, unlike the monthly payments required by a home equity loan or HELOC, the debt from a reverse mortgage is ...