Get Your Free Reverse Mortgage Information
Call Us Free: 800-381-2518

Reverse Mortgage News

Long-Term Care and a Reverse Mortgage

An important part of planning for retirement is determining what your long-term care needs may be as the costs can add up quickly and put a large dent into your savings.  The average yearly cost of nursing home care in a semi-private room was $90,…

Read more

Enhancing Retirement with a Reverse Mortgage

Many Americans may be operating under the assumption that they will have fewer expenses in retirement.  However, the opposite could be true once you factor in medical and housing costs.  With Social Security often covering only about 40% of f…

Read more

How Homeowners Can Use Reverse Mortgages for Retirement Income

Stephen Resch, a vice-president of retirement strategies at a reverse-mortgage lender recently wrote an article that appeared in MarketWatch. When seeking additional retirement income, some retirees may seek to…
The post How Homeowners Can Use Reverse …

Read more

Reasons To Get A Reverse Mortgage

Many seniors entering retirement often question “will I have enough money?”  It can be a particularly important question especially for those who plan to rely on Social Security which hasn’t necessarily kept up with the cost of living.  With …

Read more

Moves to Make Now to Age in Place

Mary Kane, associate editor of Kiplinger’s Retirement Report, published a comprehensive guide for consumers who wish to start planning ahead so that they can successfully age in place.…
The post Moves to Make Now to Age in Place appeared first on Rever…

Read more

Does Medicare Pay For Long-Term Care? Don’t Make A Big Mistake!

Most people don’t realize that Medicare doesn’t cover long-term care, even though a person turning 65 today has almost a 70 percent chance of needing help as they…
The post Does Medicare Pay For Long-Term Care? Don’t Make A Big Mistake! appeared first …

Read more

Renovate or Relocate: Using a Reverse Mortgage to Age in Place or Right-Size

Baby boomers who are approaching retirement may find themselves in a home that is not friendly for aging in place.  Or, if they are in the right home, they may struggle to pay for renovations and may choose to move and right-size into a more appro…

Read more

High Home Values and a Jumbo Reverse Mortgage

Home values have been on the rise over the past few years, with the 2019 median home value in the US being $244,045, which is a 3,7% increase over the previous year.1 However, home values can differ greatly depending on where you live.  Here’s a l…

Read more

4 Helpful Guides For Consumers Considering a Reverse Mortgage

Reverse mortgages are a versatile financial tool that over 1.2 million homeowners have used to enhance their retirement years. However, like any financial product, reverse mortgages should be…
The post 4 Helpful Guides For Consumers Considering a Rever…

Read more

Reverse Mortgage: How Does it Work?

Many seniors may find themselves struggling financially in retirement. A reverse mortgage loan may help in these situations.  Reverse mortgages work differently from traditional mortgages because they convert your home equity into a source of inco…

Read more