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Reverse Mortgage Occupancy Requirements Explained

September 1, 2025     76 comments

We live with my mother-in-law and were present throughout the process of her getting a reverse mortgage.  The broker is fully aware that we live there with her, help keep up the property, and pay living expenses.  He told us if she ever needed to go to a nursing home, if she was in the home at least once a...
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Reverse Mortgage Income Requirements in 2025

September 1, 2025     48 comments

Understanding Reverse Mortgage Income Requirements Welcome to our 2025 guide on reverse mortgage income requirements. This article explains the financial assessment underwriting guidelines, specifically the minimum residual income requirements established by HUD. These requirements play a crucial role in the lender’s application process, ensuring that you, as a borrower, can comfortably manage ongoing property-related expenses, such as property taxes, homeowners insurance, and...
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History of the Reverse Mortgage – 1969 to Present Day Facts

September 1, 2025     4 comments

[arlo_toc] [table id=652 /] Bringing it to the Senate Reverse mortgages have been through many changes in their short, 57-year (depending on who you ask) lifespan.  As the story goes, a small, local bank wrote the first reverse mortgage in 1961 to a woman in Portland, Maine.  The bank owner wanted to help the wife of his...
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3 Types of Reverse Mortgages Explained: Which One Is Right for You?

September 1, 2025     5 comments

If you're exploring ways to use your home's equity to improve your financial security in retirement, it's helpful to know that there are three main types of reverse mortgages, each designed for different needs. In this article, we'll explain: Home Equity Conversion Mortgages (HECM): The most popular, federally insured option. Proprietary Reverse Mortgages: Also known as "jumbo" reverse mortgages, these...
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Banks That Offer Reverse Mortgages in 2025 | Compare Rates & Reviews

August 11, 2025     no comments

In 2025, only a small number of regional and specialty banks offer reverse mortgages, including University Bank, The Federal Savings Bank, and Magnolia Bank. Most large banks left the market years ago, so many borrowers choose specialized non-bank lenders for better rates and service. [arlo_toc] Do Banks Offer Reverse Mortgages in 2025? While large national banks like Wells Fargo,...
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ARLO™ HELOC: The Alternative to a Reverse Mortgage

August 1, 2025     no comments

As interest rates remain high, many homeowners nearing or in retirement are seeking ways to access their home equity without refinancing their historic low-rate mortgages.  That’s where a Home Equity Line of Credit (HELOC) for seniors & retirees can be a smart solution. This modern HELOC offers fast access to funds, flexible repayment, and a fully online application process designed...
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3 Best Reverse Mortgage Calculators (No Personal Info Required)

July 23, 2025     no comments

When planning for retirement, one of the most important steps is knowing how much you can borrow with a reverse mortgage.  But let’s face it—most online calculators ask for your phone number or email before showing your results. That’s why we’ve ranked the top 3 free reverse mortgage calculators that give instant quotes with no personal info required.  These tools...
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What Is a HECM? 2025 Home Equity Conversion Mortgage Guide

July 13, 2025     12 comments

What Is a HECM (Home Equity Conversion Mortgage)? A Home Equity Conversion Mortgage (HECM) is the FHA-insured reverse mortgage program for homeowners age 62 and older. It lets you convert part of your home equity into tax-free cash without giving up ownership or making required monthly mortgage payments. You must still cover property taxes, insurance, and upkeep, and the loan...
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The Realtor’s Guide to Reverse Mortgages for Home Purchase

April 15, 2025     2 comments

[arlo_toc] Why Realtors Should Understand Reverse Mortgages for Home Purchase The HECM for Purchase program (Home Equity Conversion Mortgage) is an FHA-insured loan that allows homebuyers aged 62 and older to purchase a new primary residence with no monthly mortgage payments.  This benefits your senior buyers, helps your sellers move their listings, and ultimately helps you close more transactions. Yet...
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Why Reverse Mortgages Are Safe from DOGE Cuts

April 10, 2025     no comments

[arlo_toc] If you’ve been thinking about a reverse mortgage but are unsure whether the program will still be around in the future—or what might happen if federal budget cuts from "DOGE," the Department of Government Efficiency impacts housing programs—you’re not alone. At All Reverse Mortgage, Inc., we speak with people every day who are interested in tapping into their home’s...
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