Compare 3 Types of Reverse Mortgages - Find the Right Fit for You

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 are ideal for homes with higher values. Single-Purpose Reverse Mortgages: A cost-effective choice for specific financial goals. We'll break down the key features of each, highlight how they can support your... Read Full Article

Reverse Mortgage Property Requirements (Updated 2025)

September 1, 2025     128 comments

I would like to know the exact reverse mortgage property requirements, such as central heating, water wells, septic systems, etc.  To hear these reverse mortgages advertised, one might get the impression that getting one is very simple.  However, after some preliminary inquiries, it's beginning to look like everything else where the government is involved – it can become incredibly complicated. When applying for a reverse mortgage, your home must meet specific property standards set by HUD.  These requirements ensure the property is safe, sound, and secure—but they can... Read Full Article

Best Reverse Mortgage Lenders of 2025: Ratings, Reviews & ARLO™ Insights

August 25, 2025     2 comments

Looking for the best reverse mortgage lender in 2025? Whether you’re just starting to explore your options or comparing interest rates and closing costs, this guide breaks down the top reverse mortgage companies based on verified reviews, BBB ratings, complaint history, and lender transparency. Updated for 2025, this expert-backed comparison will help you make an informed decision and choose the right reverse mortgage lender for your financial future. How We Chose the Best Reverse Mortgage Lenders in 2025 Choosing a reverse mortgage lender is a major financial decision—one that can... Read Full Article

Reverse Mortgage Refinance 2025 | HECM Limits & Rates

August 25, 2025     60 comments

In 2025, the landscape of reverse mortgage refinancing is evolving, bringing new opportunities and considerations for existing reverse mortgage holders. Our guide provides the latest information on the new 2025 HECM limits, current rates, and expert tips for refinancing your reverse mortgage. When to Refinance Your Reverse Mortgage Your home value has increased considerably. You obtained your loan when the lending limit was below today’s 2025 HECM limit of . You want to add a younger spouse who was previously ineligible, ensuring long-term protections and possible access to... Read Full Article

2025 Guide to Reverse Mortgage Purchase (HECM Purchase)

August 24, 2025     16 comments

Updated: 9/18/2025 Welcome to our guide on Purchase Reverse Mortgages!  In this article, we explain how you can buy a new home utilizing a reverse mortgage loan, making it easier to transition as you age.  Whether you’re downsizing, moving to a more accessible home, or relocating closer to family, this guide is for you. We’ll cover the essentials, from the benefits of a Reverse Mortgage Purchase to how the purchase program works, to help you decide if this option is right for you. Reverse Mortgage Purchase Basics The HECM... Read Full Article

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. Do Banks Offer Reverse Mortgages in 2025? While large national banks like Wells Fargo, Bank of America, and Chase are familiar names for traditional mortgages, they no longer offer reverse mortgages.  Most exited the market over a decade ago, citing regulatory changes, market risk,... Read Full Article

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 specifically for older homeowners—without the need to sell or give up your home. What is the ARLO™ HELOC for Seniors? The ARLO™ HELOC is a line of credit secured by... Read Full Article

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 are easy to use, private, and accurate. Understanding Reverse Mortgage Calculators When exploring reverse mortgage options, it’s essential to rely on trustworthy sources, especially when making significant financial... Read Full Article

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 is repaid when the home is sold, the last borrower moves out, or passes away. In this updated 2025 guide, you’ll learn: How a HECM works and who qualifies Current... Read Full Article

2025 Jumbo Reverse Mortgage Guide: Top Lenders, Rates & Loan Limits

May 24, 2025     16 comments

In 2025, the landscape of reverse mortgages continues to evolve, with jumbo reverse mortgages, also known as proprietary or private reverse mortgages, emerging as a significant component for homeowners with high-value or non-conforming/non-FHA insurable properties. In this article, we will dissect the critical differences between jumbo and FHA-insured reverse mortgages, clarifying why and when a jumbo reverse mortgage could be the right choice for you.  We will also dive into the key benefits alongside a balanced discussion of these loans' potential risks and rewards. Whether you are a homeowner, a... Read Full Article