Homeownership and Equity

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What to Do if You Don’t Have Enough Equity for a Reverse Mortgage

A reverse mortgage requires that borrowers have substantial equity in their homes. Here are some options if you don't have enough equity to qualify.

What Is a Shared Equity Agreement?

A shared equity agreement is a lesser known way of tapping home equity for cash. Unlike a loan, this agreement gives an investor a share of the equity in the home. Here's how it works.

Using a Reverse Mortgage to Buy a House

Yes, you can use a reverse mortgage to buy a house. Here's what you need to know about HECM for purchase loans.

Personal Loan Versus Home Equity Loan

Here’s what homeowners need to know about personal loans, home equity loans, and other borrowing options.

Reputation and Reality

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The Truth About Reverse Mortgages

The truth about reverse mortgages is that they offer many borrowers a secure way of staying in their homes as they age and filling gaps in their retirement plan.

How Reverse Mortgages Got Such a Bad Reputation

Though not merited, reverse mortgages have had a hard time shaking a poor reputation. Here's how reverse mortgages got a bad rap and why it's not true.

Why Reverse Mortgages Aren’t More Popular

Reverse mortgages have been around for decades and are safer then ever. But though they offer a viable retirement planning tool for many, they haven't caught on in the mainstream. Here are a few possible reasons why.

When a Reverse Mortgage Isn’t Right For You

Though powerful financial tools, reverse mortgages aren't right for everyone or every financial situation. Here are 7 situations in which a reverse mortgage might not be a good fit and ways to make it work.

Understanding Reverse Mortgage

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What Are FHA Property Standards?

Find out more about the Federal Housing Act (FHA) minimum property standards.

How to Pay Off Higher-Interest Debt with Proceeds from a Reverse Mortgage

If you're straddled with higher-interest debt, a reverse mortgage loan could help with your long-term financial goals and strategy.

Why Reverse Mortgages Aren’t Just For the Rich

Find out why a reverse mortgage loan isn't just a tool for the rich.

Understanding Loan-to-Value Ratios

Understanding the loan-to-value ratio on your home impacts how much you can borrower with a reverse mortgage loan.