Keep in mind that the borrower must still pay property taxes, fees and insurance, as well as maintain the home and live in it ...

Reverse mortgages are a financial product for older homeowners that allows them to tap into the equity they’ve built up in their homes without having to make monthly payments.

New York state Attorney General Letitia James words of “No matter how big, rich or powerful you think you are, no one is ...

Fairway claims it can close on a reverse mortgage in as little as 17 days, compared to one or two months with most lenders. Standout benefits: Fairway also offers a HECM for Purchase, a reverse ...

Fairway announced that the strength it’s observing in its Home Equity Conversion Mortgage (HECM) for Purchase business is pushing the company to “expand its reverse mortgage channel through ...

This financial gap has led many homeowners over 62 to explore reverse mortgages, which offer a potential solution for tapping into their home equity without selling or moving — or the burden of ...

You may not have planned on having a loan on your home in your senior years but it may be a good option for you if you can get pass the misinformation. There is a great deal of misleading “facts” ...

Last week, most loan types at least partially recovered from their recent gains. Rates are still significantly below the 2025 ...