Tips and information for living better in retirement.
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.
5 Common Reverse Mortgage Complaints
Often complaints about reverse mortgages come from misunderstandings. Get some context and the facts about reverse mortgages and common complaints about them.
What to Know About Funding Education With a Reverse Mortgage
A reverse mortgage is a possible way of helping a child or grandchild get a secondary education. Here's what you should know before you decide to fund their education with a reverse mortgage.
Assessing the Risks of a Reverse Mortgage
Understanding the risks of taking a reverse mortgage starts with understanding how these financial tools work and the protections they have built in.
What Are the Downsides of a Reverse Mortgage?
Understanding potential downsides to a reverse mortgage can help you determine if this financial tool is a good fit for your needs.
Reverse Mortgage Tradeoffs: What You Give, What You Get
In any financial transaction there are tradeoffs. Here's a rundown of what you give up and what you gain when you take a reverse mortgage.
Here’s Why People Get Denied for a Reverse Mortgage
Not everyone is eligible for a reverse mortgage. If you think you might not qualify, understanding what causes people to get denied for a reverse mortgage can be helpful in determining a course of action.