These complex financial products are often misunderstood.

For many older Americans, retirement comes with a mix of financial security and new challenges. While Social Security provides a reliable income stream, it's rarely enough to maintain the lifestyle ...

Reverse mortgages have become increasingly popular among seniors aged 62 and older, with loan volumes reaching $13.2 billion in 2022. This surge is largely driven by the need for supplemental ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while reverse mortgages allow seniors to borrow without adding to ...

Homeowners can tap into their equity and receive monthly payouts when they want to retire. Reverse mortgages make this possible and don’t require a credit score or income. A single-purpose reverse ...

For many retirees, rising living costs and limited income can make financial stability feel out of reach. A reverse mortgage, also known as a home equity conversion mortgage (HECM), may offer a ...

Not all reverse mortgages are scams, but people exploring them should be extremely wary. Many reverse mortgage scams — carried out by unscrupulous parties from financial advisors to contractors — can ...

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 ...