The HECM is the FHA's reverse mortgage program that enables you to withdraw a portion of your home's equity to use for home maintenance, repairs, or general living expenses. HECM …

Aug 12, 2025 · A reverse mortgage can be a safe and effective tool for certain seniors. especially those with significant home equity, a desire to stay put and a need for additional retirement …

Jun 17, 2024 · Reverse mortgages can provide older homeowners with financial flexibility, but navigating the rules doesn’t have to be daunting. As of 2025, important updates to reverse …

About Reverse Morgages A reverse mortgage is a loan secured by a home that allows older homeowners to convert home equity into cash. Monthly payments are not required on a …

May 14, 2024 · Home Equity Conversion Mortgages (HECMs) are the most common type of reverse mortgage loan, and they are available to homeowners who are 62 and older.

May 26, 2025 · Learn how reverse mortgage loans work in 2025. Get clear info on HECM limits, rules, and what seniors need to know before applying.

2 days ago · Reverse mortgages may soon cost less upfront, making them more affordable for seniors who only need to use part of their home equity. Updated rules could give borrowers …

Nov 27, 2025 · What Is a Single Purpose Reverse Mortgage? Understand the limited-use reverse mortgage designed for specific senior needs like taxes or repairs. Learn the rules, …

4 days ago · The Mortgage Bankers Association (MBA) has sent a letter to the FHA/ Ginnie Mae in response to a Request for Input (RFI) seeking comments on how to modernize and …

Mar 6, 2022 · Reverse mortgages are used by many older homeowners to help free up cash for retirement. Learn how this loan works—and if it might be right for you.