Reverse Mortgage Articles

How Does a Reverse Mortgage Work?
Many seniors who purchased homes early in life own the full equity of their homes. A reverse mortgage allows them to tap into the equity to pay for other expenses, such as medical bills or living expenses.  . This is a huge financial help for seniors especially in tough...

Purchase a Home With a Reverse Mortgage
Reverse mortgages have provided numerous senior homeowners with additional income by tapping into a property’s accumulated home equity to withdraw tax-free cash.. However, recent changes to the FHA-insured reverse mortgage program, known as a Home Equity...

Reverse Mortgage FAQ
The FHA’s reverse mortgage program allows equity to be taken out of a borrower’s home upon retirement. This particular mortgage program gives many qualifying senior citizens additional retirement income. However, there are pros, cons, and...

Reverse Mortgage Checklist
Our reverse mortgage checklist will walk seniors through the reverse mortgage process to help them better understand how they can tap into their home equity without dealing with mortgage payments. . Here are the required steps:. Study the reverse mortgage terms...

Can You Default on a Reverse Mortgage?
A reverse mortgage is a non-recourse loan program insured by the FHA that allows homeowners over the age of 62 to receive funds from the equity in their home.  This type of loan lets homeowners still live in the home until they either pass away or no longer live in the home as a...

Reverse Mortgage Refinance
This article will examine the optimal circumstances when refinancing a reverse mortgage, as well as outlining the general process in acquiring a reverse mortgage refinance loan.. How to Refinance a Reverse MortgageThe process for refinancing a reverse mortgage is fairly...

Reverse Mortgage Overview
A reverse mortgage is a specialized loan type designed to provide retired seniors the ability to tap into their home equity and generate additional income without the obligation of repaying the debt. Essentially, reverse mortgage loans do just the opposite of...

Reverse Mortgage Eligibility and Guidelines
The Home Equity Conversion Mortgage (HECM) is the only reverse mortgage insured by the U.S. Government. . This program allows senior homeowners to convert a portion of their home equity into cash. Equity is the current cash value of a home minus the current loan balance...

Can You Default on a Reverse Mortgage?
A reverse mortgage is a non-recourse loan program insured by the FHA that allows homeowners over the age of 62 to receive funds from the equity in their home.  This type of loan lets homeowners still live in the home until they either pass away or no longer live in the home as a...

Lender411 Infographic: What is a Reverse Mortgage?
This infographic illustrates a reverse mortgage for seniors and the circumstancial requirements associated. It also details the fees, methods of payment and potential amount to be received..

Press Release
ReverseMortgages411.com offers seniors a clear view of the benefits and risks of reverse mortgagesLender411, a mortgage information and rates website that helps consumers navigate the mortgage loan process, recently launched ReverseMortgages411.com, a new website...