With the new reverse mortgage loan limit on its way, I know that originators are looking for a calculator that shows the $625,500 loan limit.

For older homeowners, a reverse mortgage could be a great way to access cash. Getty Images/iStockphoto A reverse mortgage works much like a traditional mortgage loan, only instead of you paying ...

Last week Golden Gateway Financial shared the average home values of individuals using its calculator to research reverse mortgages in the fourth quarter of 2008. The data showed that many states ...

What Is a Reverse Mortgage? A reverse mortgage is a loan for older homeowners who have significant amounts of equity. You may be eligible if you’re 62 or older.

Today, the mortgage interest rate on a 30-year fixed mortgage is 6.38%, according to the Mortgage Research Center. On a ...

Reverse mortgages, home equity loans and HELOCs all let you access cash from your home’s value. Learn the difference between these three products.

Whether you're renovating your home, supplementing your retirement income or making big purchases, you have options to access money from your home equity.

A mortgage is a loan used to purchase or maintain real estate, including houses and commercial properties. A buyer repays the ...

Comparing a reverse mortgage vs. home equity loan vs. HELOC is easier when you have a feel for how each one works and what they’re designed to do. It’s also helpful to remember that there’s ...

Talk to legal and loan professionals before deciding on a reverse mortgage or one of the alternatives covered in this article.