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Seniors turn to reverse mortgages for many different reasons. One person might look to reverse mortgage solutions because his monthly pension is smaller than his regular expenses. Another person might take out a reverse mortgage because she would like to pay off an...

With the growing popularity of reverse mortgages, more and more seniors find themselves asking, “How does a reverse mortgage work?” This is understandable because reverse mortgage loans offer many benefits and protections to borrowers. In a nutshell, a reverse...

As parents grow older and transition to retirement, adult children may find themselves worrying about how this will all work out. Will there be enough cash available to take care of their parents’ regular expenses? What happens if there is a large cost, like an...

HECM stands for Home Equity Conversion Mortgage. As its name suggests, this type of loan allows the equity in a home to be converted into cash for use by the property owner. In the case of an HECM for purchase, the equity is leveraged to provide a better loan suited...

Here at Reverse Loan Solutions, we do our best to make the reverse mortgage process as seamless, clear, and convenient as possible for our clients. A large part of the process involves making sure that customers fully understand reverse mortgage facts, so that they...

What is a reverse mortgage? In general, it is a loan product that is available to seniors who would like to turn their home equity into cash, to improve liquidity or other purposes. In a way, the name itself provides some key information. With a regular mortgage, the...

Reverse mortgages can be a great way to invest in real estate for potential homebuyers who are 62 years and older. You will be able to borrow against the equity to get credit or a line from a lender to purchase your new home. In some cases repayment is only...