Golden Gateway Financial recently launched a web based reverse mortgage for purchase tool to help borrowers identify if the program is a good solution for them. Starting this year, seniors are able to ...

While most reverse mortgage borrowers don't make regular payments, you're not actually required to wait until a triggering ...

A reverse mortgage can be a valuable tool for senior homeowners looking to access their home equity without selling. However, ...

Joshua Rodriguez is a personal finance and investing writer with a passion for his craft. When he's not working, he enjoys time with his wife, two kids and two dogs. With a reverse mortgage, you ...

Reverse mortgages have become increasingly popular among seniors aged 62 and older, with loan volumes reaching $13.2 billion in 2022. This surge is largely driven by the need for supplemental ...

Top loan officers share strategies at the NRMLA Annual Meeting for effectively connecting with borrowers and partners in the ...

Bob Powell: Is it possible to make monthly mortgage payments when you have a reverse mortgage? Here to talk with me about that is Don Graves, founder of the Housing Wealth Institute, adjunct ...

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 ...

The largest reverse mortgage lender in the country, Mutual of Omaha accounted for over 22% of the market in 2024. It offers both FHA-backed Home Equity Conversion Mortgages (HECMs) and a proprietary ...

Currently, the average interest rate on a 30-year fixed mortgage is 6.34%, compared to 6.3% a week ago, according to the ...