Most lenders require a certain amount of equity to qualify for a reverse mortgage, but the exact amount can vary.

If you're planning to take out a reverse mortgage now, avoid these mistakes, which could cost more than expected.

5 Facts about how a Reverse Mortgage Line of Credit Works A Reverse Mortgage Line of Credit is a prudent way to have money set aside, just in case, you need it down the road - for unexpected home ...

Longbridge's HELOC for Seniors incorporates elements of both a traditional line of credit and a reverse mortgage. Borrowers ...

Reverse mortgages are specialized home equity loans for homeowners age 62 and up. A reverse mortgage gets its name because instead of the homeowner making payments to a lender, the lender makes ...

Reverse mortgage educators Dan Hultquist and Jim McMinn brought their “Rules of the Game” presentation back to this year’s National Reverse Mortgage Lenders Association (NRMLA) Annual Meeting and Expo ...

If you're an older homeowner looking for an infusion of cash, a reverse mortgage could seem like a no-brainer. there is no minimum credit score requirement and — as long as you stay current with your ...

Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance. A ...

Have an issue with your financial planner or looking for a new one? Email questions or concerns to [email protected].

Miranda Marquit is a staff senior personal finance editor for Buy Side. Valerie Morris is a staff deputy personal finance editor at Buy Side and personal finance expert. A Heloc can help you access ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

A closed-end second mortgage is a type of home loan that allows homeowners to borrow against their home's equity while keeping their primary mortgage unchanged. This type of loan provides a lump-sum ...