Getting Started

Getting Started

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

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Man learning about a reverse mortgage line of credit

What is a reverse mortgage line of credit, and how does it work?  

A line of credit in a reverse mortgage can offer multiple advantages to borrowers. Here's how they work and how they differ from other line of credit products.

14 Min.

A woman reading reverse mortgage facts and statistics

15 reverse mortgage facts

There is a lot of confusion surrounding reverse mortgages. Here are some facts and statistics to help you separate truth from fiction.

10 Min.

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

Are reverse mortgages good or bad?

Reverse mortgages tend to spark strong opinions, often influenced by earlier versions of these loans and lingering misconceptions about how they work today.

13 Min.

Two people explore the reverse mortgage glossary

Reverse mortgage glossary: Terms and definitions

Like any financial product, reverse mortgages have their share of specialized terms. Here is a quick and easy reference to the most common ones.

5 Min.

Can you get a reverse mortgage on a mobile home?

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.

couple discussing reverse mortgage pros and cons

Reverse mortgage pros and cons

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

18 Min.

People learning about home equity conversion mortgages (HECM)

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.

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.

9 Min.

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