Your home equity is the market value of your home minus any outstanding debt on your property — including primary mortgages ...
Both products are worth exploring for seniors this year. Here's how to determine which could be best for you now.
Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly ...
Major servicers face class action claiming prohibited fees inflated HECM loan balances, risking older homeowners’ equity and ...
Longbridge Financial, a national mortgage lender and servicer specializing in home equity solutions for older Americans, has ...
Longbridge Financial introduces AI voice agents for reverse mortgage servicing, expanding 24-7 support and streamlining ...
What is a reverse mortgage? A reverse mortgage is a home loan that allows people ages 62 and older to borrow against their ...
Plaintiffs claim reverse mortgage companies added prohibited costs to HECM loans, violating federal rules and HUD fee limits.
Jay Nauta is recognized for outstanding performance and dedication to reverse mortgages in Florida. JACKSONVILLE, FL, ...
If you're a homeowner over age 62, you may be sitting on your biggest financial asset while struggling to pay your bills. With inflation squeezing those with fixed incomes and retirement savings ...
Many Americans are retiring with less cash than they would like. But in some instances, that can be offset by unexpectedly large — yet welcome — boosts in their home values. Financial planners ...
Seniors approaching retirement (ideally) have a few sources of income to draw on, including Social Security and distributions from their investment accounts. But what if that’s not enough? Some older ...