Homeowners have multiple avenues to look into if they want to tap their home equity. A home equity line of credit (HELOC) is one such tool, and while this line of credit offers flexible financing, it ...
Retirees often struggle to operate on a fixed income — but today's economy, with its rising prices and increasing costs of living, makes things even harder. Fortunately for homeowners, there are ...
When you inherit a home with a reverse mortgage, you're given six months to pay off the balance, or up to a year if you can get the deadline extended. It's best to work with the loan servicer to avoid ...
* Company reviews and categories are based on information collected between March and April 2025. The sample rates currently featured are based on the most recent government data on reverse mortgages, ...
Founded in 2012, online lender Longbridge Financial is the third-largest provider of reverse mortgages in the U.S. As of February 2025, it's approved more than $94 million in loans. Longbridge stands ...
PARAMUS, N.J.--(BUSINESS WIRE)--Longbridge Financial LLC, a leading national reverse mortgage lender and servicer, announced today the launch of Platinum Preserve, a first-of-its-kind feature for the ...
The reverse mortgage market is anticipated to grow in 2026 as lenders innovate and adapt to higher interest rates. Key players emphasize proprietary products and strategic partnerships to reach more ...
Reverse mortgages may help older adults stay in their homes if they have equity but not a lot of savings. But what happens when the money from a reverse mortgage runs out? Imagine Veronica. She is ...