Inheriting a house with debt always involves doing some extra homework, and if the home has a reverse mortgage, there's a ...

You worked hard for your home; let it work for you. Compare reverse mortgage pros and cons with the ease of selling as-is in ...

Reverse mortgages are widely advertised to older adults as a way to convert part of the equity in a home to cash in the form of a loan.

Thinking about a reverse mortgage? Here's what it really takes to get approved for this unique borrowing option.

If you're planning to take out a reverse mortgage, there are unique considerations to think about in this market.

For older homeowners considering a reverse mortgage, one of the most important factors to understand is the 60% rule. This lending cap, introduced as a safeguard, determines how much money ...

How a Reverse Mortgage Could Affect Your Inheritance or Family Finances Taking out a reverse mortgage can impact your parents' financial situation and the value of their estate.

Reverse mortgages are for people ages 62 and older who have substantial home equity. Carlson explained that instead of paying ...

I'm 75 and have a reverse mortgage. Should I pay it off with my $200K savings - and live off Social Security instead?

If you're concerned that your parents are considering a reverse mortgage, discuss their financial situation with them to help determine if it's the best financial solution.