Home equity is a valuable financial resource. By definition, it’s the difference between your home’s value and how much you owe on your mortgage. For example, if your home is worth $500,000 and you ...

Taking out a reverse mortgage requires some due diligence on your and your lender’s part, similar to taking out a traditional ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly payments.

If you’re a homeowner looking for ways to tap into your home’s equity, two common options you might consider are a reverse mortgage and a home equity loan. Both allow you to use your home’s value to ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while reverse mortgages can provide relief to the right retirees, ...

For many retirees, a reverse mortgage can be a useful tool that adds some much-needed breathing room to their finances. By allowing homeowners ages 62 and older to tap into their home equity without ...

We’ve been told that asset-based mortgage lending, wherein the loan depends solely on the value of the underlying real estate collateral, is a dead concept, at least for homeowners. The idea, in its ...

New View Advisors urges HUD to cut upfront MIP and simplify HECM products, citing rising private-label share and MMI Fund strength.

MBA proposes seven reforms for the HECM and HMBS programs, including new securitization options and changes to mortgage ...