Unlike a traditional home equity loan or home equity line of credit, a reverse mortgage doesn’t have to be repaid until the last surviving borrower no longer lives in the home, or the home is sold. If
FHA Reverse Mortgage
An FHA reverse mortgage, also known as a Home Equity Conversion Mortgage (HECM), is a loan insured by the United States Federal Government.
After the Great Depression, the United States Congress passe
Can You Get A Reverse Mortgage on a Manufactured Home?
Can you get a reverse mortgage on a manufactured home? This is an interesting question that usually comes up among seniors who own manufactured homes. This article will provide the answers you are loo
Eligible Reverse Mortgage Property Types
There is often confusion about what property types qualify for a Reverse Mortgage. If you are considering a Reverse Mortgage, the first step would be to determine whether or not your property is eligi