This type of mortgage is ideal for many retirees because it provides flexibility and can even help them defer taking Social ...

Mutual of Omaha led HECM endorsements in 2025 as the reverse mortgage market remained steady despite a lengthy government ...

A home equity conversion mortgage (HECM) is a type of reverse mortgage. The Federal Housing Administration (FHA) insures the mortgage, which helps seniors cash out their home equity. This can be a ...

The Federal Housing Administration (FHA) announced last week that the Home Equity Conversion Mortgage (HECM) limit for 2025 will be $1,209,750. It’s the ninth straight year that the limit will ...

I received a solicitation for an HECM loan saying I had “Estimated Funds Available” of $54,059. HECM stands for “home equity conversion mortgage” and is the FHA’s reverse mortgage program that enables ...

Beginning Aug. 4, HECM protects non-borrowing spouses (NBS), and the main reverse mortgage product in the U.S. is stronger for it. If you are a non-borrowing spouse, the one who did not sign the loan ...

The Department of Housing and Urban Development is selling more due-and-payable HECMs on homes that are occupied while ...

My last couple of posts, beginning with The Mortgage is Dead; Long Live the Reverse Mortgage, have extolled the virtues of the improved FHA HECM reverse mortgage products. Given that the typical ...

Credit Union and Real Estate Agent Relationship A November webinar featuring Telhio Credit Union Loan Officer Allie Hager and ...