At 65, she is preparing for retirement and is considering tapping into her own 401 (k) to pay back the reverse mortgage. Veronica’s mother’s home is worth $1.5 million and the reverse mortgage was for ...
Peter M. Mazonas, CEO of NatEquity Inc., warns that removing HUD-required housing counseling for reverse mortgages could eliminate vital consumer protections for seniors. He emphasizes the importance ...
Living on a fixed income can feel especially challenging during periods of economic uncertainty. Case in point? Despite inflation easing to 2.7% in November — down from this year's peak of 3%, ...
The NRMLA is urging the CFPB to revise proposed changes to federal fair lending rules, warning they could undermine reverse mortgages by restricting age-based credit programs. The group argues that ...
A reverse mortgage allows seniors to access cash from the equity they've built up in their homes. Unlike home equity loans or HELOCs, there's usually no credit score requirement and you don't have to ...
* Company reviews and categories are based on information collected between March and April 2025. The sample rates currently featured are based on the most recent government data on reverse mortgages, ...
Founded in 2012, online lender Longbridge Financial is the third-largest provider of reverse mortgages in the U.S. As of February 2025, it's approved more than $94 million in loans. Longbridge stands ...
BUCKS CO., Pa. - Bucks County Consumer Protection issued an urgent Fraud Alert regarding deceptive and misleading mortgage assistance-related mailings recently reported by a local resident. These ...
For borrowers who want to access equity in their homes, the Equitable Bank HELOC is offered in conjunction with a mortgage or as a standalone product. Owner-occupied and investment properties are ...
Dr. Noc and other science communicators emphasize that credible information starts with qualified sources. Scientists, ...
With over four years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed decisions as ...