Reverse Mortgage Resources
Explore expert guides and tools on reverse mortgages, retirement, and more
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Getting Started
Learn what a reverse mortgage is, how it works, and if it’s right for you.
What are the three types of reverse mortgage loans?
Compare the different types of reverse mortgages, including HECM, jumbo, and single-purpose. Learn how they differ and which option may fit your needs.
11 Min.
What is a HECM loan and how does it work?
A HECM is a reverse mortgage, but not all reverse mortgages are HECMs. Learn how they are different.
16 Min.
Can you get a reverse mortgage on a mobile home?
Mobile homes are not the same as manufactured homes. Learn the difference and how it applies to a reverse mortgage.
9 Min.
Understanding Eligibility
Understand the eligibility requirements and how to make the most of your home’s equity.
Can I Keep My House with a Reverse Mortgage?
A reverse mortgage does not transfer ownership. Learn the requirements for keeping your home.
4 Min.
Family reverse mortgage: Can you get a loan with a parent, sibling, or friend?
There are several compelling reasons for family members to be on a reverse mortgage together. Here is a rundown of what is possible.
13 Min.
Can you get a reverse mortgage with bad credit?
Credit ratings are considered in the reverse mortgage financial assessment. Find out what that means for a borrower with a poor credit score.
11 Min.
Exploring Costs
Explore reverse mortgage costs, rates, and tax impacts to make smart financial decisions.
Reverse mortgage fees and costs explained
Reverse mortgages come with upfront and ongoing costs and fees. Learn what this means for borrowers.
16 Min.
Reverse mortgage foreclosure: How it happens and what to do next
Foreclosure doesn't need to be a frightening word. Learn what it is and how it applies to a reverse mortgage.
11 Min.
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.
Comparing Your Choices
Compare reverse mortgage types to find the best fit for your needs.
What is a jumbo reverse mortgage, and who are they for?
Borrowers with higher-value homes may find a jumbo reverse mortgage offers them more advantages than a HECM.
11 Min.
What are the three types of reverse mortgage loans?
Compare the different types of reverse mortgages, including HECM, jumbo, and single-purpose. Learn how they differ and which option may fit your needs.
11 Min.
What are the three types of reverse mortgage loans?
Compare the different types of reverse mortgages, including HECM, jumbo, and single-purpose. Learn how they differ and which option may fit your needs.
11 Min.
Beginning the Process
Detailed guides to help you start your reverse mortgage application with confidence.
How to apply for a reverse mortgage in 5 steps
The process for getting any mortgage can be confusing. We break down getting a reverse mortgage into seven simple steps, starting with research.
7 Min.
How long does it take to get a reverse mortgage?
It generally takes 30 to 60 days to file an application, take the required steps, and receive loan proceeds.
8 Min.
Reverse mortgage for parents: What adult children need to know
Are your parents considering a reverse mortgage? Learn how these loans work, potential advantages, drawbacks, and what it might mean for your parents' financial future.
12 Min.
Managing Your Future
Learn how to manage your reverse mortgage and plan for your long-term financial goals.
Aging-in-place checklist: Preparing for independent living
Why it's important to plan ahead for aging in place According to AARP's 2024 Home and Community Preferences Survey, 75% of adults aged 50 and…
13 Min.
Can you outlive a reverse mortgage?
It is not possible to outlive a reverse mortgage, however, you can outlive available proceeds. Learn how careful financial planning can help.
12 Min.
Are heirs responsible for reverse mortgage debt?
When a reverse mortgage borrower passes away, their estate must resolve the debt. While heirs may need to decide how that happens, they are not personally responsible for the debt.
6 Min.
