Whether you have a specific question or are just beginning to gather information, our reverse mortgage loan education center is here for you. Feel free to browse our exclusive library to learn more and get the answers you’re looking for. Whenever you are ready to take the next step, one of our reverse mortgage experts will be happy to talk with you.
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Like any financial product, reverse mortgages have their share of specialized terms. Here is a quick and easy reference to the most common ones.
Read article from Glossary of Reverse Mortgage Terms
A reverse mortgage loan allows borrowers to tap into a portion of the equity in their homes as a lump sum payout, regular payouts, a line of credit, or a combination of
Read article from How much money can you get from a reverse mortgage?
There are several compelling reasons for family members to be on a reverse mortgage together. Here is a rundown of what is possible.
Read article from Can family members get a reverse mortgage together?
Learn about the fees you can expect from a reverse mortgage from application through the conclusion of the loan.
Read article from What fees do you pay with a reverse mortgage?
Reverse mortgage borrowers receive a TALC disclosure to help them understand what they can expect to pay over the life of the loan.
Read article from Understanding the TALC disclosure
LTV or loan-to-value ratio is one of the factors that lenders consider in deciding how much a reverse mortgage borrower can receive.
Read article from Understanding reverse mortgage loan-to-value ratios
Borrowers with higher-value homes may find a jumbo reverse mortgage offers them more advantages than a HECM.
Read article from Jumbo reverse mortgages: who are they for?
The mention of a reverse mortgage tends to elicit a lot of opinions, especially about their reputation, despite the fact they are time tested and well-regulated financial products.
Read article from How reverse mortgages got such a bad reputation
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.
Read article from How to take control of debt with a reverse mortgage
Get a general idea of potential payouts based on your age, equity, and home value with our reverse mortgage calculator. From there, one of our licensed specialists can help you get more specific about your options.
