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Learn what a reverse mortgage is, how it works, and if it’s right for you.

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Beginning the ProcessComparing Your ChoicesExploring CostsUnderstanding EligibilityManaging Your FutureGetting Started
Beginning the ProcessComparing Your Choices
Reverse mortgage calculator
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15 articles
Older couple holding hands while walking outdoors on a quiet neighborhood street in cool weather

Article

What is a HECM loan, and how does it work?  

Learn more about the requirements and eligibility rules for HECM loans, an FHA-insured reverse mortgage for homeowners 62 years and older.

12 Min.

A couple with a new home they purchased with a HECM for purchase

Article

What is HECM for purchase?

Reverse mortgages aren't just for homes you already own. You can use one to purchase a new home as well.

13 Min.

Explore by category
Beginning the ProcessComparing Your ChoicesExploring CostsUnderstanding EligibilityManaging Your FutureGetting Started
Beginning the ProcessComparing Your ChoicesExploring Costs
Reverse mortgage calculator
See how much cash you could get in retirement.
Older couple holding hands while walking outdoors on a quiet neighborhood street in cool weather

Article

What is a reverse mortgage and how does it work?

A reverse mortgage is a loan for homeowners 62+. Learn how they work, who might be eligible, risks, advantages, and how to decide if it's right for you.

19 Min.

couple discussing reverse mortgage pros and cons

Article

Reverse mortgage pros and cons: What to consider before deciding

A reverse mortgage provides access to home equity with no required monthly mortgage payments, as long as loan terms are met.

19 Min.

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A couple learning about why reverse mortgages are so misunderstood

Article

Reverse mortgage myths: 14 misconceptions debunked

Many common reverse mortgage myths are based on outdated information. Learn what's true, what's changed, and how today's reverse mortgages actually work.

13 Min.

A woman reading reverse mortgage facts and statistics

Article

15 reverse mortgage facts

There is a lot of confusion surrounding reverse mortgages. Here are some facts and statistics to help you separate truth from fiction.

10 Min.

Woman happy she is controlling her debt with a reverse mortgage

Article

Can I use a reverse mortgage for debt consolidation?  

Though a reverse mortgage is a kind of debt itself, there are some distinct advantages to using one to pay off or down other debts.

7 Min.

A jury makes a decision about reverse mortgages' bad reputation. Is it fair?

Article

Are reverse mortgages good or bad?

Reverse mortgages tend to spark strong opinions, often influenced by earlier versions of these loans and lingering misconceptions about how they work today.

13 Min.

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