Buying a home in retirement can be challenging, but one underused loan option could make it easier for retirees.

For older homeowners considering a reverse mortgage, one of the most important factors to understand is the 60% rule. This lending cap, introduced as a safeguard, determines how much money borrowers ...

Fed rate cuts may be reshaping borrowing costs, but reverse mortgages follow different rules than other loans.

Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly payments.

Home equity is a valuable financial resource. By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 and you ...

TOPEKA, Kan. (WIBW) - You see advertising for reverse mortgages everywhere, but are they worth considering? Carl Carlson, founder and CEO of Carlson Financial, visited Eye on NE Kansas to clear up ...

Speaking at NRMLA, Ryan Ponsford urges reverse mortgage professionals to enhance credibility and collaborate with financial ...

When you inherit a home with a reverse mortgage, you're given six months to pay off the balance, or up to a year if you can get the deadline extended. It's best to work with the loan servicer to avoid ...

While many families struggle with the cost of raising children, some face the burden of having to financially support their ...