According to the National Reverse Lenders Association, more than 1,035,000 households had utilized an FHA-insured reverse mortgage by 2017. The equity value of homeowners age 62 and
HUD plans tougher limits on reverse mortgages
September 5, 2017 by
Reverse mortgages could be about to lose their sheen after the Department of Housing and Urban Development said it will increase premiums and tighten loan limits
Is a reverse mortgage right for you?
June 9, 2017 by
As such, a growing number of senior Americans are considering a reverse mortgage as a way of supplementing their income during their golden years.