Tips and information for living better in retirement.
Applying for a Reverse Mortgage in 7 Steps
The process for getting any mortgage can be confusing. We break down getting a reverse mortgage into seven simple steps, starting with research.
Reverse Mortgage After a Natural Disaster: Who Pays?
Having adequate and correct insurance and taking immediate action can help keep costs low after a natural disaster damages or destroys your home.
Cash-Out Refi Versus Reverse Mortgage
Deciding which type of loan is best suited to your needs can be tricky. Here's a rundown of the differences between a cash-out refinance vs. a reverse mortgage.
Home Equity Conversion Mortgage for Purchase Explained
Reverse mortgages aren't just for homes you already own. You can use one to purchase a new home as well.
Pros and Cons of a HECM
Weighing the benefits of a HECM against the potential downsides can help you assess how well this financial tool will work for your situation.
Repaying a Reverse Mortgage
Like any loan a reverse mortgage does need to be repaid. Here are several ways that can happen.
How to Refinance a Reverse Mortgage
Much like refinancing a traditional mortgage, borrowers can refinance a reverse mortgage. Here's what you need to know about the process.
How Much Money Can You Get From a Reverse Mortgage?
Wondering how much money can you get from a reverse mortgage? The answer depends on multiple factors including your age, value of the home, and more.
What Paperwork Do I Need to Get a Reverse Mortgage?
Applying for a reverse mortgage is similar to a traditional mortgage, but there are some differences in the documentation required.
Reverse Mortgages and Taxes
Learn more about reverse mortgages and taxes, what you need to pay, and how this loan could impacted your tax bill.