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Find the answers in 3 guides from the National Reverse Mortgage Lenders Association.
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You Have a Reverse Mortgage: Know Your Rights and Responsibilities
The Consumer Financial Protection Bureau released a new guide for older homeowners called You have a reverse mortgage: Know your rights and responsibilities. The new guide is the latest…
What Seniors Need to Know about the COVID-19 Vaccines
Here’s some excellent advice from the National Council on Aging about the Covid-19 Vaccines: The approved COVID-19 vaccines require two doses to provide optimal protection against the virus.…
American Rescue Plan Improves Senior Health and Financial Security
The American Rescue Plan, signed into law by President Biden on March 11, includes critical relief to older adults in need as the nation continues to recover from…
Refinancing Helps Homeowner Pay Future Taxes and Insurance
Mary Jackson, aged 90, grew up in Culpepper, VA, a small, rural community located 80 miles west of Washington, DC where job prospects for young African American women…
Advice for Children of Seniors
Should My Mom and Dad Get a Reverse Mortgage? You are referred to as the “Sandwich Generation.” You’ve got kids in, or heading for, college as well as…
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…
Terry Savage Gets Personal About Reverse Mortgages
Syndicated financial columnist Terry Savage, author of several best selling books including the Savage Truth on Money, helped her dad get a reverse mortgage when he was in…
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,…