A reverse mortgage is a loan, and an annuity is insurance Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the ...

Your home equity is the market value of your home minus any outstanding debt on your property — including primary mortgages ...

Homeowners have multiple avenues to look into if they want to tap their home equity. A home equity line of credit (HELOC) is one such tool, and while this line of credit offers flexible financing, it ...

As with most Americans, older homeowners have been facing issues with rising living costs and mounting debt. As a result, tapping into home equity has become an increasingly popular financial strategy ...

Do you need to access equity in your high-value home? If the house is your primary residence and you're over age 62, you're in luck. You could get a proprietary reverse mortgage and access equity from ...

Reverse mortgages allow homeowners to tap into the equity they’ve built up in their homes without having to make monthly payments.