Getting Started

Getting Started

Learn what a reverse mortgage is, how it works, and if it’s right for you.

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Two people who know the truth about reverse mortgages

The truth about reverse mortgages: What borrowers need to know

Everyone has an opinion. Separate the facts from the fiction and learn the truth about reverse mortgages.

10 Min.

Who owns the house in a reverse mortgage?

Simple. Reverse mortgage borrowers retain title and ownership of their homes. Here's more about how it works.

7 Min.

A jury makes a decision about reverse mortgages' bad reputation. Is it fair?

Are reverse mortgages good or bad? Get the facts

Reverse mortgages can spark strong opinions, shaped in part by outdated information and misconceptions about how these loans work today.

9 Min.

Older couple holding hands while walking outdoors on a quiet neighborhood street in cool weather

What is a HECM loan, and how does it work?  

Learn more about the requirements and eligibility rules for HECM loans, an FHA-insured reverse mortgage for homeowners 62 years and older.

12 Min.

A couple with a new home they purchased with a HECM for purchase

What is HECM for purchase?

Reverse mortgages aren't just for homes you already own. You can use one to purchase a new home as well.

13 Min.

Older couple holding hands while walking outdoors on a quiet neighborhood street in cool weather

What is a reverse mortgage and how does it work?

A reverse mortgage is a loan for homeowners 62+. Learn how they work, who might be eligible, risks, advantages, and how to decide if it's right for you.

19 Min.

couple discussing reverse mortgage pros and cons

Reverse mortgage pros and cons: What to consider before deciding

A reverse mortgage provides access to home equity with no required monthly mortgage payments, as long as loan terms are met.

19 Min.

A couple learning about why reverse mortgages are so misunderstood

Reverse mortgage myths: 14 misconceptions debunked

Many common reverse mortgage myths are based on outdated information. Learn what's true, what's changed, and how today's reverse mortgages actually work.

13 Min.

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