When you inherit a home with a reverse mortgage, you're given six months to pay off the balance, or up to a year if you can get the deadline extended. It's best to work with the loan servicer to avoid ...
The average home value in the United States is currently $368,581, a 0.3% increase from the year before, according to the latest Zillow data. But while home values remain high, sticky inflation has ...
According to the U.S. Department of Housing and Urban Development, almost 100,000 reverse mortgages were issued from 2022 to 2023. This shows that reverse mortgages are popular among seniors looking ...
Speaking at NRMLA, Ryan Ponsford urges reverse mortgage professionals to enhance credibility and collaborate with financial ...