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reverse mortgages

couple reviews their mortgage

Make sure you understand the pros and cons of a reverse mortgage.

With a reverse mortgage you can turn the value of your home into cash without having to sell the property, move out of it, or repay a loan every month. Before entering into a reverse mortgage agreement educate yourself, consult with trusted advisors and understand the pros and cons.

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Legal Advocacy and Housing

The AARP Foundation is working to protect reverse mortgage borrowers. Following are summaries of two ongoing cases:

  • Bennett v. Donovan. Read
  • Chandler v. Wells Fargo. Read

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Borrowing Against Your Home

Download this AARP guide to reverse mortgages. (PDF). Read

Reverse Mortgage Counselor Education

Learn about services available to support and train reverse mortgage counselors, now provided by NeighborWorks® and the Department of Housing & Urban Development. Do

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