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This article explains the reasons why so many HECM borrowers treat the HECM as an immediate source of cash rather than as a …

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Reverse mortgages may help seniors pay for home care costs. Rather than moving to an institution, most people want to “age in place” with home health aides. reverse mortgages allow access to …

A reverse mortgage is a home loan that allows homeowners ages 62 and older to withdraw home equity and convert it into cash. Borrowers don’t have to pay taxes on the proceeds or make monthly mortgage payments. The money can be used for any …

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To close out Reverse Mortgage Daily’s industry coverage in 2020, we took a look at the top stories of the year that garnered …

It’s not easy if you’re a senior facing a financial dilemma and you can’t make your mortgage payments. You might be on a fixed income and feel like there’s nowhere to turn. The good news is you have several options to get help with your mor…

More seniors are interested in how to get a reverse mortgage as the coronavirus pandemic fallout takes away jobs and investment returns they need. We believe everyone should be able to make financial decisions with confidence. And while our…

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When you’re mortgage shopping, you’ve probably got plenty of options for funding. Exploring the different mortgage lenders you could choose is an important process because you want to make sure you get the best loan.