Because repayment is delayed and there's usually no credit score requirement, reverse mortgages can appeal to homeowners who are home-rich but cash-poor or who have spotty credit. There are ...

as the leading retail reverse mortgage lender in the country, according to data from RMI. The companies were separated by 203 HECM endorsements logged between January and December. RMI data shows ...

If you're considering a reverse mortgage, though, it's essential to evaluate various lenders to find the best fit for your needs. To help you explore your options, we've broken down the best ...

Reverse Mortgage Funding LLC is one of the nation's top reverse mortgage lenders. RMF is a direct lender that offers Home Equity Conversion Mortgages to adults 62 and older and its own line of ...

Many homeowners in or near retirement face a quandary. Their wealth is tied up in their home—two-thirds of the average retiree’s net worth is home equity—yet they’d rather not tap that ...

Still, numerous fees can make reverse mortgages prohibitively expensive for some homeowners. One particularly onerous expense is the lender-required mortgage insurance premium (MIP). If you have a ...

Opinions expressed by Forbes Contributors are their own. Teresa Ghilarducci Ph.D. is an Economics Professor. I am unsure the reverse mortgage industry is sound. It is regulated by various ...

Here’s 10 things you need to know about reverse mortgages. Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

A reverse mortgage can be useful in some cases. When it comes to reverse mortgages, the first note should always be one of caution. These are extremely popular vehicles for scams and fraud ...