Author: Editorial Team

Reverse mortgage calculators can be useful tools as we figure out ways to fund retirement. Most of us do a lot of research before buying any kind of anything. We hold things up to a mirror, try things on, get free trials, research alternatives, comparison shop and more. Using a reverse mortgage calculator is easy…

In simple terms, owning your home can give you superb options for funding your retirement. A reverse mortgage eliminates any current monthly mortgage payments and can give you access to cash. Hungry for straightforward details about reverse mortgages? Curious as to whether you should consider one? Here are 3 little known truths — often misunderstood…

Reverse mortgages are available — and hugely popular — for retirees living almost everywhere in the United States, but you might not know if the loans are the norm where you live because people are often secretive about their personal finances. You might not know it, but reverse mortgages are hugely popular throughout the United…

We are always trying to move forward in life.  However, in retirement, there are at least three areas where you might want to hit reverse and go backwards: Reverse Aging: Where is that fountain of youth anyway? While creams and potions promise to reverse aging, there are actually a few things proven to make us…

You may be surprised to find out how much money seniors can receive through a Reverse Mortgage. Still unknown to many, this brilliant retirement method is helping senior citizens across the country by eliminating their monthly mortgage payments and putting cash in their bank account through what’s called a “Reverse Mortgage Loan”. You can bet…

How do you know if a reverse mortgage is right for you? Reverse mortgages have a reputation as a tool for retirees that are tight on funds and more recently as a tool that can help people who have saved more for retirement, but they are not for everyone.
In this infographic, we explore eligibility requirements and all the uses for a reverse mortgage, along with some alternatives in case it is not the best option for you.
Read on to find out how to have a rich retirement.

Interest rates have fallen and that means that most reverse mortgage borrowers now qualify for more money. (And, you pay less in interest.) Get a new estimate of your reverse mortgage loan amount right now! All the great benefits of the loans still apply: 1. You still own your home: A reverse mortgage is just…

For many people nearing retirement age, home equity is usually the single largest component of net worth.  And, it can be a valuable contributor to retirement and financial well being — especially during this pandemic and time of monetary strain. You can tap home equity by downsizing, securing a reverse mortgage or getting a home…

A reverse mortgage is a loan. You are borrowing against your home equity. However, unlike traditional mortgages, with a reverse mortgage you do not have to pay back the money borrowed as long as you are living in the home. If a reverse mortgage is right for you, it can offer great financial relief. Reverse Mortgage…