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Find the answers in 3 guides from the National Reverse Mortgage Lenders Association.
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SSA Announces 2.5 Percent Cost of Living Adjustment for 2025
by Darryl Hicks | October 11, 2024
The bottom line: In a recent TSCL survey of more than 3,000 older Americans, 72 percent said that changing the COLA calculation to an index that better reflects seniors’ more… SSA Announces 2.5 Percent Cost of Living Adjustment for 2025
Widow Uses Proprietary Reverse Mortgage to Eliminate Mortgage Payment
Susan Martini, 67, lives in Monument, CO, halfway between Colorado Springs and Denver, where she works part-time as a registered nurse and cardiac device specialist. “I’ve been a more… Widow Uses Proprietary Reverse Mortgage to Eliminate Mortgage Payment
Kiplinger: A Reverse Mortgage Can Be a Solution for Divorcing Couples
by Darryl Hicks | August 29, 2024
In an article he wrote for Kiplinger Personal Finance, Certified Divorce Financial Analyst® Andrew Hatherley says reverse mortgages can solve some key problems in gray divorce. Go deeper: more… Kiplinger: A Reverse Mortgage Can Be a Solution for Divorcing Couples
Guide for Borrowers Impacted by Natural Disasters
The Consumer Financial Protection Bureau has created a special resource guide that helps explain your obligations as a reverse mortgage borrower while recovering from a natural disaster. Download more… Guide for Borrowers Impacted by Natural Disasters
Senior Home Equity Hits $14 Trillion in Q2
by Darryl Hicks | October 3, 2024
According to the latest quarterly release of the NRMLA/RiskSpan Reverse Mortgage Market Index, housing wealth among homeowners 62 and older increased by more than $600 billion in the more… Senior Home Equity Hits $14 Trillion in Q2
Advice for Children of Seniors
Should Mom Or Dad Get a Reverse Mortgage? You are referred to as the “Sandwich Generation.” You’ve got kids in, or heading for, college and at least one more… Advice for Children of Seniors
Big Changes Coming to Medicare Part D and Medicare Advantage
by Darryl Hicks | September 11, 2024
Medicareresources.org, an online resource for consumers, advises seniors to pay close attention to their mail leading up to the annual Medicare open enrollment period, which begins on October more… Big Changes Coming to Medicare Part D and Medicare Advantage
Reverse Mortgages: Fact vs. Fiction
This NRMLA graphic debunks 5 common misconceptions about reverse mortgages.
Reverse Mortgage FAQs
These frequently asked questions are arranged in the order in which they occur during the loan origination process. If you read all the questions from beginning to end, more… Reverse Mortgage FAQs