Consumer Protections
As record numbers of homeowners are using reverse mortgages as part of their retirement planning, National Reverse Mortgage Lenders Association seeks to reassure the public about the many safeguards built into the program.
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What is a Reverse Mortgage?
A reverse mortgage is a special type of loan used by homeowners 62 and older to convert part of the equity in their homes into tax-free cash.
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Types of Reverse Mortgages
There are several types of reverse mortgage products to choose from. Learn more about each of them here.
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Getting a Reverse Mortgage
Learn about the steps that you will go through during the reverse mortgage process.
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Typical Costs
Many of the same costs that someone pays to obtain a regular mortgage apply to reverse mortgages.
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Contrasting RMs From Regular Mortgages
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Basic Features of a Reverse Mortgage
All reverse mortgages-whether the government-insured Home Equity Conversion Mortgage or a proprietary product-share a set of common characteristics
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Reverse Mortgage Payment Options: Pros and Cons
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