Tips and information for living better in retirement.
Fight Inflation With a Reverse Mortgage
When inflation is high, a reverse mortgage offers some unique ways of fighting the pinch of rising prices.
Can I Get a Reverse Mortgage if I Have Bad Credit?
Reverse mortgages do not have a required credit score, but credit history is considered as part of the approval process. Here's what you need to know about credit and reverse mortgage.
Reverse Mortgage: A Guide for Children and Heirs
After the last borrower on a reverse mortgage passes away, the loan needs to be settled. Usually, that responsibility falls to the heirs. Here's what they can expect.
Can I Get a Reverse Mortgage on My Condo?
FHA-approved condos are eligible for home equity conversion mortgages. Here's how you can find out if yours is eligible, and what to do if it isn't.
Deed in Lieu of Foreclosure With a Reverse Mortgage
Though foreclosure is in the title, a deed-in-lieu of foreclosure is actually a way of avoiding the foreclosure process.
What Happens When a Reverse Mortgage Borrower Dies?
When a reverse mortgage borrower passes away, the loan will become due and payable. Here's what heirs and borrowers should know about what happens next.
Reverse Mortgages and Credit Scores: What Borrowers Should Know
Credit ratings and mortgages go hand in hand, but as with most things reverse, when you are taking out a HECM credit works a little differently.
What Happens if I Have a Reverse Mortgage and Move to Assisted Living?
A reverse mortgage is a helpful retirement tool as long as you are able to stay in your home. But what happens if you need to move into assisted living for a longer term?
What Happens to a Reverse Mortgage After a Divorce?
Divorce can impact a reverse mortgage in a variety of ways. This overview offers options for several different situations.
Can You Rent Out a House With a Reverse Mortgage?
If you're looking for sources of cash flow in retirement, renting your home is often a good idea. But if you have a reverse mortgage, you'll have to live there too.