For many older Americans, the house they’ve spent a lifetime paying off might now be their biggest source of untapped cash.

Reverse borrowers can choose to receive monthly payments for life (or as long as they live in their home). And they're not ...

Samantha is retired at 69, but a few years back she took out a reverse mortgage. Now, she’d like to be done with it, ...

We researched and evaluated rates, customer experience, reputation, and more from leading lenders to help you find the best ...

The high mortgage rates that have stymied the broader housing market continue to put a lid on reverse mortgage activity too.

Home equity sounds like a pretty straightforward concept: it’s the portion of your home you truly own, free and clear of debt ...

I could live on my Social Security alone, as I wouldn’t have a house payment if I paid off the reverse mortgage.” ...

Reverse mortgages are a negative amortization loan. That means the loan balance grows over time. For instance, you may borrow $100,000 upfront, ...

While there's no way around the high cost of retirement, there are some strategies you can try to build your savings more ...

"The reverse mortgage line of credit is also special when compared to a traditional HELOC in that it can never be canceled, frozen, or reduced… even if the value of the home declines," Pistone says.

Before starting a reverse mortgage, seniors must receive federally approved housing counseling. Advocates said sessions aren’t always comprehensive, and some are done over the phone in 20 minutes.