Bankrate: HELOC Losses Could Mean Gains for Reverse Mortgages

The diminishing availability of Home Equity Line of Credit (HELOC) loans due to lenders pulling back on such offerings makes finding those loans difficult, but alternative options — including a reverse mortgage — can help those who wish to access their home’s equity. This is according to a column published this week by Bankrate. “Despite […]

Slowing HELOC Market Leads to More Reverse Mortgage Inquiries

Reverse mortgage originators have long heralded the benefits of reverse mortgage options for some prospects relative to home equity lines of credit (HELOCs). Yet recent changes in the home equity lending environment have brought this comparison back to the forefront, and some originators are receiving even more inquiries due to individuals who are interested in […]