Your home’s current market value is a key factor in how much you can borrow Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of ...

Founded in 2012, online lender Longbridge Financial is the third-largest provider of reverse mortgages in the U.S. As of February 2025, it's approved more than $94 million in loans. Longbridge stands ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while reverse mortgages can provide relief to the right retirees, ...

If you're like many retirees, your home equity represents one of your largest stores of wealth. While many homeowners turn to home equity loans and lines of credit (HELOCs) to unlock their home's ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while reverse mortgages allow seniors to borrow without adding to ...

Taking out a reverse mortgage requires some due diligence on your and your lender’s part, similar to taking out a traditional mortgage to buy a home. But because a reverse mortgage works differently, ...

For retirees who are struggling to make ends meet or are concerned about running out of money, a reverse mortgage can seem like a lifeline. This type of borrowing tool allows seniors to tap into their ...

The rise of artificial intelligence (A.I.) and its utility in daily life is fast-evolving and disruptive, but also comes with complicated ethical questions for businesses. The most visible A.I.-based ...

The Fairway Independent Mortgage Corp. reverse mortgage division is preparing for a transformative 2023, thanks to a new leadership model and team that aims to put their stamp on the company’s reverse ...

You may not qualify for a reverse mortgage if you have bad credit, lack sufficient income, do not meet the age requirements or have missed tax or insurance payments. Many seniors use a reverse ...

A reverse mortgage is a type of home loan for seniors that works backward. Rather than making payments to your lender, you receive payments — sort of like an advance on your eventual home sale. If you ...

A reverse mortgage can allow Ontario homeowners aged 55 or older to access part of their home equity — but a few additional requirements apply. Many or all of the products featured here are from our ...