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Find the answers in 3 guides from the National Reverse Mortgage Lenders Association.
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These individuals have earned the CRMP designation demonstrating knowledge and competency in the area of reverse mortgage lending.
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The Challenges of Living Alone in Retirement
In a recent column published by theStreet.com, financial planner Sandra Adams highlights recent Census Bureau data suggesting that 36 percent of American households are currently occupied by single…
Do You Need Help Paying Your Taxes and Insurance?
The U.S. Treasury allocated $9.9 billion for aid to homeowners who were adversely impacted by COVID to be distributed through state administrators for the purpose of preventing homeowner…
My Reverse Mortgage Is Helping Me Pay My Bills
Linda, who requested her last name not be used, is 73 and loves animals. She has two emus, two goats, two cats, three dogs and many chickens and…
Guide for Borrowers Impacted by Natural Disasters
The Consumer Financial Protection Bureau has created a special resource guide that helps explain your obligations as a reverse mortgage borrower while recovering from a natural disaster. Download…
You Have a Reverse Mortgage: Know Your Rights and Responsibilities
A new guide from the Consumer Financial Protection Bureau explains your rights and responsibilities as a reverse mortgage borrower.
Advice for Children of Seniors
Should Mom Or Dad Get a Reverse Mortgage? You are referred to as the “Sandwich Generation.” You’ve got kids in, or heading for, college and at least one…
Reverse Mortgages: Fact vs. Fiction
This NRMLA graphic debunks 5 common misconceptions about reverse mortgages.
2 Ways to Tap Your Home Equity in Retirement
Alicia Munnell, Director of the Center for Retirement Research at Boston College, talks about two of the ways retired Americans can tap into another financial resource — their…
Reverse Mortgage FAQs
These frequently asked questions are arranged in the order in which they occur during the loan origination process. If you read all the questions from beginning to end,…