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Resource Center

 

You have worked so hard to build your wealth in your home. We understand the importance of making an informed decision on whether a reverse mortgage is right for you.


Below are links to reverse mortgage research articles from governmental agencies and senior organizations.

 

Organizations:


NRMLA
- The National Reverse Mortgage Lenders Association (NRMLA) is the nation's only organization devoted exclusively to the promotion of reverse mortgages, advocacy on reverse mortgage lending issues with Congress and the federal government, education and training for reverse mortgage lenders, and development and maintenance of ethical standards for reverse mortgage lenders.

AARP - AARP is a nonprofit, nonpartisan membership organization for people 50 and over. They provide information and resources; advocate on legislative, consumer, and legal issues; assist members to serve their communities; and offer a wide range of unique benefits, special products, and services.

Fannie Mae - As the leader of the housing finance system, Fannie Mae is working to expand homeownership opportunities by creating products and technologies that help more people own homes.

HUD - U.S. Department of Housing and Urban Development

Senior Resource - Dedicated to helping seniors and their families with accurate and up-to-date information on senior housing options, finance, insurance and related lifestyle issues.

SRES (Senior Real Estate Specialists) - SRES® is a community of REALTORS® and related professionals dedicated to serving the real estate needs of the senior consumer.

FTC (Federal Trade Commission) - The FTC deals with issues that touch the economic life of every American. It is the only federal agency with both consumer protection and competition jurisdiction in broad sectors of the economy. The FTC pursues law enforcement; advances consumers’ interests by sharing its expertise with federal and state legislatures and U.S. and international government agencies; develops policy and research tools through hearings, workshops, and conferences


Industry Information:

We understand how important it is for you to make an informed decision whether a reverse mortgage is right for you. Below are links to reverse mortgage research articles and information from senior organizations.

AARP


Reverse Mortgage Loans: Borrowing Against Your Home - This booklet is a consumer Guide to Reverse Mortgages from the AARP Foundation Reverse Mortgage Education Project.

Glossary of Reverse Mortgage Terms - Understand the frequently used terms associated with reverse mortgages.

Reverse Mortgage Fact Sheet - Get the facts before taking out a reverse mortgage.


National Council on Aging (NCOA)


Use Your Home to Stay at Home: A Guide for Homeowners Who Needs Help Now - This booklet is an educational piece developed as part of NCOA's Use Your Home to Stay at Home Initiative. It helps you decide if a reverse mortgage is right for you. It explains how home equity can help you pay the costs of living at home with a chronic health condition.


Use Your Home to Stay at Home: A Planning Guide for Older consumers
- This booklet is helpful if you are planning to live at home as you grow older. It shares some pros and cons of using a reverse mortgage in your retirement plans and dispel common myths about reverse mortgages.


Other Articles from NCOA:
Type in the words “ Reverse Mortgages” in the SEARCH field

 

NRMLA (National Reverse Mortgage Lenders Association)


Steps to Getting a Reverse Mortgage - NRMLA has created a graphical representation of the steps involved in getting a Reverse Mortgage. It is very helpful in understanding the Reverse Mortgage process.

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