You've probably seen the commercials. Smiling seniors, pristine homes, promises of financial freedom. Reverse mortgages sound ...

Reverse mortgages are often marketed as a lifeline for retirees who need cash flow while staying in their homes. At first glance, the concept may sound like an ideal solution. But beneath the promises ...

Both products are worth exploring for seniors this year. Here's how to determine which could be best for you now.

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 ...

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 ...

Although some seniors can benefit from a reverse mortgage, there are pitfalls to know about. There are numerous fees associated with a reverse mortgage. Speak to a financial advisor before committing ...

Many Americans are retiring with less cash than they would like. But in some instances, that can be offset by unexpectedly large — yet welcome — boosts in their home values. Financial planners ...

A reverse mortgage isn't available for every homeowner. Typically, you'll need to be age 62 or older to qualify, leaving this option available mostly for senior homeowners. But if you meet the age ...

Homeownership is a dream for millions of people across the globe. The National Association of Realtors indicates real estate has historially exhibited long-term, stable growth in value. Money spent on ...

Founded in 2012, online lender Longbridge Financial is the third-largest provider of reverse mortgages in the U.S. As of February 2025, it's approved more than $94 million in loans. Longbridge stands ...

Text Callout : Key Takeaways - How to Pay Back a Reverse Mortgage Homeowners 62 and older may opt to use a reverse mortgage to help fund their retirement. Reverse mortgages provide money to borrowers ...

Although some seniors can benefit from a reverse mortgage, there are pitfalls to know about. Speak to a financial advisor before committing to one. Are you ahead, or behind on retirement? SmartAsset's ...