Managing
After your loan closes, your life as a reverse mortgage borrower begins. How do you keep your reverse mortgage in good standing? What can you expect from your loan servicer? Find out here.
Eligible non-borrowing spouses in a HECM are afforded certain rights and protections by HUD. Here are the details.
Read article from A non-borrowing spouse guide to reverse mortgage
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
Reverse mortgage borrowers may use their proceeds for virtually anything they want. Here are six ideas for using them smartly.
Read article from Six smart ways to use reverse mortgage proceeds
Foreclosure doesn't need to be a frightening word. Learn what it is and how it applies to a reverse mortgage.
Read article from Foreclosure in reverse mortgage
Like traditional mortgages, reverse mortgages can be refinanced. Here are some of the reasons that would make refinancing make sense.
Read article from How to refinance 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.
Read article from Can you outlive a reverse mortgage?
If you're looking for sources of cash flow in retirement, renting your home is often a good idea. But if you have a reverse mortgage, you'll have to live there too.
Read article from Can you rent out a house with a reverse mortgage?
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