Understanding Reverse Mortgage
What is a reverse mortgage loan? How do reverse mortgages work? Is a HECM the same as a reverse mortgage? How are they different? Here’s where you’ll learn the ABCs of reverse mortgage from the basics to how they compare with other financial products.
The Basics
Understanding the eligibility requirements of a reverse mortgage can is the first step to deciding if these financial vehicles are right for you.
Read article from Reverse Mortgage Eligibility Requirements
Simple. Reverse mortgage borrowers retain title and ownership of their homes. Here's more about how it works.
Read article from Who Owns Your Home With a Reverse Mortgage Loan?
Reverse mortgages aren't just for homes you already own. You can use one to purchase a new home as well.
Read article from Home Equity Conversion Mortgage for Purchase ExplainedHow Reverse Mortgages Work
When you take a reverse mortgage, the title to your home remains in your name and you retain ownership of your home. Here's how it works.
Read article from Title and Reverse Mortgages: What You Need to Know
A reverse mortgage allows an eligible borrower to access their home equity. How does a reverse mortgage work? Here's what you need to know.
Read article from How Does a Reverse Mortgage Work?
Reverse mortgages give borrowers a variety of proceed options to choose from. Here is a rundown of the possibilities and how each works.
Read article from Reverse Mortgage Proceeds: Understanding Your OptionsComparing Loans
A traditional mortgage and a reverse mortgage have some similarities, but function quite differently. Here is an explanation of how each works and what that means for potential borrowers.
Read article from Traditional vs. a Reverse Mortgage: A Comparison