To be eligible, you must be 62 years of age or older, have at least 50 ... To estimate how much you can borrow, use the reverse mortgage calculator at ReverseMortgage.org. To receive your money ...

Reverse mortgages may be a good choice for people age 62 and older who don't plan to pass their home to heirs. Home equity loans may be a fit for homeowners who need to borrow a lump sum to cover ...

Reverse mortgages are a type of home loan available to homeowners age 62 and older. The Home Equity Conversion Mortgages (HECMs) program is administered by HUD (the Housing and Urban Development ...