Golden Gateway Financial recently launched a web based reverse mortgage for purchase tool to help borrowers identify if the program is a good solution for them. Starting this year, seniors are able to ...

Most lenders require a certain amount of equity to qualify for a reverse mortgage, but the exact amount can vary.

Joshua Rodriguez is a personal finance and investing writer with a passion for his craft. When he's not working, he enjoys time with his wife, two kids and two dogs. With a reverse mortgage, you ...

The 6-month reverse mortgage rule is an important one to understand, as it can make or break your estate plans.

Bob Powell: Is it possible to make monthly mortgage payments when you have a reverse mortgage? Here to talk with me about that is Don Graves, founder of the Housing Wealth Institute, adjunct ...

If you watch any television, you’ve likely seen well-known voices, like actor Tom Selleck, touting reverse mortgages as a valuable tool for anyone in retirement. This financial product allows property ...

Guild Mortgage announced on Wednesday the introduction of a new product line called the “Flex Payment Mortgage,” which includes Federal Housing Administration (FHA)-sponsored Home Equity Conversion ...

Whether you’re buying your first house or your forever home, understanding your monthly mortgage payment is vital before you close. It’s often the largest recurring expense in your budget, and knowing ...

If you, your relatives or your friends are contemplating applying for a reverse mortgage in 2010, check out the new guidelines proposed in December by federal regulators. Though aimed at banks and ...

If you're an older homeowner looking for an infusion of cash, a reverse mortgage could seem like a no-brainer. there is no minimum credit score requirement and — as long as you stay current with your ...