Reverse Mortgage Articles & Guides
Everything you need to know about reverse mortgages — organized by topic and written in plain language for homeowners 62 and older.
Reverse Mortgage Basics
Start here. Learn what a reverse mortgage is, how it works, and whether it might be right for your situation.
What Is a Reverse Mortgage?
A complete introduction to reverse mortgages — what they are, how they differ from traditional loans, and why they exist.
Read articleHow Reverse Mortgages Work
Understand the mechanics — from equity conversion to repayment triggers and payment options.
Read articlePros and Cons of Reverse Mortgages
An honest look at the advantages and disadvantages to help you decide if it is right for you.
Read articleEligibility Requirements
Find out if you qualify — age, property type, equity, financial assessment, and state-specific rules.
Age Requirements
The 62+ rule and how your age affects how much you can borrow.
Read articleProperty Types That Qualify
Single-family homes, condos, townhomes, and manufactured housing — what is eligible.
Read articleFinancial Assessment Explained
How lenders evaluate your income, credit, and ability to meet ongoing obligations.
Read articleTypes of Reverse Mortgages
Compare your options — HECM, proprietary, single-purpose, line of credit, and more.
What Is a HECM?
The FHA-insured Home Equity Conversion Mortgage — the most popular reverse mortgage program.
Read articleProprietary Reverse Mortgages
Private-label options for high-value homes that exceed FHA lending limits.
Read articleReverse Mortgage Line of Credit
How the growing line of credit works and why many borrowers prefer this option.
Read articleCosts & Fees
Understand every cost involved — origination fees, MIP, closing costs, interest rates, and ways to save.
Origination Fees Explained
How lender origination fees are calculated and what FHA caps apply.
Read articleInterest Rates
Fixed vs. adjustable rates, how they affect your loan balance, and what drives rate changes.
Read articleWays to Reduce Costs
Practical strategies to minimize upfront and ongoing reverse mortgage expenses.
Read articleGuides & Resources
Step-by-step guidance for every stage — from counseling prep to application, closing, and beyond.
Application Process
A step-by-step walkthrough of the reverse mortgage application from start to finish.
Read articleChoosing a Lender
What to look for, questions to ask, and red flags to avoid when selecting a lender.
Read articleExit Strategies
Your options when it is time to repay — selling, refinancing, or heirs settling the loan.
Read article