Reverse Mortgage Information | AARP Senior Citizen Loan | Reverse Mortgage Lender, Calculator and Loan Resources

Articles and Resources for Reverse Mortgages 

It's no surprise that reverse mortgages are becoming popular among seniors - US News and World Report

For many of today's retirees, a home can seem like Fort Knox without the key. Escalating real-estate prices have caused many seniors' homes to skyrocket in value. But unless they're willing to sell, it may be an inaccessible gain during a time in their lives when extra income and liquid assets would help...

Field Guide to Reverse Mortgages (NAR Information Central)

A reverse mortgage can provide cash to homeowners who do not want to move but would like to tap the equity in their home by allowing senior citizens to borrow against the equity, but they can pose risks to homeowners. This page includes articles, books and websites relating to reverse mortgages. Books can be borrowed through the Information Central library by clicking on the book title...

The Reverse Mortgage: A Retirement Tool

If you own your own home and are at least 62 years of age, a reverse mortgage provides an opportunity to convert your home equity into cash. In the most basic terms, the reverse mortgage allows you to take out a loan against the equity in your home...

Is Refinancing A Smart Idea?

With the various fluctuations in interest rates over the past few years, you have no doubt thought about whether or not refinancing your home is a good idea. Countless consumers have done so in the face of favorable interest rates over the past few years...

Stay Out Of Financing Trouble

The attention for many seniors turns to saving money and planning to funding the remainder of their lives. Certainly, planning for the future is a an exciting prospect, but it can be a daunting one as well...

Release Your Equity ~ Home Owner Loans

Home owner loans attract all types of consumers with all types of reasons to free up some of the equity they have built up in their home for other uses. Perhaps you're looking at taking at that once-in-a-lifetime European vacation or just need the cash...

The Non-Mortgage Mortgage Calculator

There are a variety of mortgage calculators widely available on the Internet and through other sources that can tell a consumer everything from the type of house that can be purchased or the size of payments that can be expected...

When Your Finances Get Stretched Too Thin

Foreclosure is a four letter word for most home owners. As times get tighter and finances get stretched thinner and thinner, the high price tag of a mortgage payment can quickly seem like an untenable cost that is only dragging down you or your family...

HUD News Release | Reverse Mortgages

Two million older Americans could tap into the equity they have built up in their homes by obtaining reverse mortgages if Congress passes legislation to modernize HUD's Federal Housing Administration (FHA), according to a U.S. Department of Housing and Urban Development estimate released today...

A "Rising Debt" Loan | AARP

The purpose of a reverse mortgage is different from that of a traditional "forward" mortgage. The purpose of a forward mortgage is to purchase a home; the purpose of a reverse mortgage is to get cash from your home...

A New Kind of Loan: In Reverse | AARP

A "reverse" mortgage is a loan against your home that you do not have to pay back for as long as you live there. With a reverse mortgage, you can turn the value of your home into cash without having to move or to repay the loan each month. The cash you get from a reverse mortgage can be paid to you in several ways...

Basic Loan Features of a Reverse Mortgage | AARP

Although there are different types of reverse mortgages, all of them are similar in certain ways. Here are the features that most have in common...