Say your home is worth $400,000. Lenders will typically allow you to borrow between $320,000 to $340,000, including your ...

Sometimes the path to a better retirement isn’t about working more or saving harder. It’s about unlocking the resources you ...

This week: we take a look at what the Canadian Real Estate Association’s benchmark home price gets you across Canada. Plus, a ...

In this role, Hartman will lead enterprise branding, digital strategy, lead generation, CRM and data initiatives, reputation ...

As part of ongoing product evolution, Longbridge has introduced several enhancements to its Platinum Line of Credit to help borrowers maximize flexibilityand access. These include an increase in the ...

Longbridge cuts its proprietary reverse mortgage rate to 7.99% and raises the principal limit factor to help seniors tap more ...

Recently, the Department of Housing and Urban Development (HUD) solicited feedback on how to enhance the HECM program.

The largest reverse mortgage lender in the country, Mutual of Omaha accounted for over 22% of the market in 2024. It offers both FHA-backed Home Equity Conversion Mortgages (HECMs) and a proprietary ...

"I think a real good rule of thumb is don't touch the equity in your home unless you need it. And if you are 62+ and you are limited on income, we need to create income to offset Social Security.

When you inherit a home with a reverse mortgage, you're given six months to pay off the balance, or up to a year if you can get the deadline extended. It's best to work with the loan servicer to avoid ...

For many seniors, one of the biggest concerns when approaching retirement is what to do with their home. Two of the most common options are taking out a reverse mortgage or selling their home outright ...