That's because home equity loans and home equity lines of credit (HELOCs) — which are loans that use your home's equity as ...

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, ...

With rising costs and high interest rates these days, home ownership can be tough for many people. This can be especially true for seniors, who may be on a fixed budget. Thankfully, there is an option ...

The loan would have to be paid in full, if they decide to keep the home. If they instead decide to sell, “they must repay the ...

One major difference between Discover and Rocket Mortgage (aside from only the former listing its rates online) is that ...

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.” ...

Home equity conversion mortgages (HECMs), are reverse mortgages backed by the FHA. They are limited to homeowners 62 and older and, in 2025, are capped at $1,209,750.

When most people think about reverse mortgages, they tend to picture someone using the funds to help cover basic living ...

Record-high home equity is good news for seniors looking to remodel their homes, particularly those considering a reverse ...

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