Retirees looking for new sources of income are getting some good news in 2025: Reverse mortgage limits are on the rise. For ...

The bureau recently published a report about home equity investments, and it filed an amicus brief with a court to state its ...

Longbridge CEO Chris Mayer talks with HousingWire's Reverse Mortgage Daily about lowering the minimum home value for its ...

The average rate on a $30,000 home equity line of credit (HELOC) steadied at 8.28 percent this week — close to its lowest level in a year and a half, according to Bankrate’s national survey of ...

A HELOC will generally be better for more homeowners in 2025 for a simple reason: it doesn't come with the same age restrictions that a reverse mortgage does. But that's not the only reason why it ...

Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are ...

PenFed’s HELOC stands out for its fast closing, which can be completed in just 15 days. PenFed also offers a fixed-rate option, has no origination fees and does not require a minimum initial draw.

HomeSafe loan limits are higher than conventional HECM loans and offer many of the ... HomeSafe Select is a loan option similar to a HELOC but with the benefits of a reverse mortgage — borrowers ...

Both home equity loans and home equity lines of credit (HELOCs) allow you to borrow against the value of your home, but their exact terms vary. If you’re looking for a way to borrow money ...

If you have a home equity conversion mortgage (HECM)—which is backed by the federal government—then you’ll pay an initial MIP at closing plus annual MIPs for the length of the loan.

The most common type of reverse mortgage is a home equity conversion mortgage (HECM). These loans are insured by the Federal Housing Administration (FHA) and issued by FHA-approved lenders.