Fixed vs. Variable Rate HECMs

10 reasons to love working with ORM

10 Reasons to Love Working with ORM

When it comes to making financial decisions, you want to work with a lender you can trust. We share why working with ORM is a great choice.

Tune in Tuesday: Reverse Mortgage Eligibility Requirements

Learn about reverse mortgage eligibility requirements including age, home equity, homeownership, and type of house.

How Does a Reverse Mortgage Work?

The modern reverse mortgage has evolved into a flexible financial tool heavily regulated by government safeguards.

reverse mortgage rates and fees

The Future of Social Security

As confidence in this long-standing institution begins to crumble, where should we turn for answers?

Home Foreclosure

What Happens at the End of a Reverse Mortgage

Unlike regular home mortgages, reverse mortgages do not require monthly mortgage payments during the term of the loan itself.

Tune in Tuesday: How the Government is Involved

What does it mean to have a government-insured loan? Find out on today’s Tune in Tuesday, which explores how the government is involved in reverse mortgages.

Reverse Mortgage Lingo

Reverse Mortgage Lingo

Navigate the ways of a reverse mortgage by getting clarification on what frequently used terms mean.

Expiration Dates

Reverse Mortgage Counseling and Appraisal: Watch Out for Expiration Dates

Two requirements for getting a reverse mortgage are the borrower must attend counseling and have their home appraised. Because these are required, it’s important to know that these expire. If you wait too long, you may have complete them again.

Government and HECM

HUD, FHA, and the HECM: The Government’s Role in Reverse Mortgages

Find out what the Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) have to do with the Home Equity Conversion Mortgage (HECM).

Fixed and Variable Rate HECM

Fixed vs. Variable Rate HECMs

Which reverse mortgage is right for you? We explain the differences between a fixed rate HECM and a variable rate HECM.