Welcome to the Reverse Mortgage Learning Center
Here you’ll find information and resources on reverse mortgages to better help you make a well informed decision. Please note that the mortgage industry is constantly changing and some of the specific details found in the various pages may be different today from when the resources were written. For the most up-to-date information, please contact a Reverse Mortgage Specialist at Alpha Mortgage.
Give us a call if you have any questions – (855) 367-4326
Basic Reverse Overview Topics
What is a reverse mortgage?
Is a reverse mortgage too good to be true?
What are some of the benefits?
What are some of the qualifications?
How are they paid back?
Some Basic Guidelines
Age Requirements
Borrowing with Confidence: A Pledge to our Borrowers
Refinancing a Reverse Mortgage
Reverse Mortgage Strategies
Top Reasons People Take Out a Reverse Mortgage (with infographic)
Take the Reverse Mortgage Quiz
Reverse Mortgage Videos
Reverse Mortgages Offering Peace of Mind
Exploring the History of Reverse Mortgages
Reverse Mortgage Rules
Navigating Misconceptions About A Reverse Mortgage
What Does the Non-Recourse Clause in a Reverse Mortgage Mean?
Who Owns the Home in a Reverse Mortgage?
What is a Certified Reverse Mortgage Professional (CRMP)?
Reverse Mortgages Have Consumer Safety in Mind
Fast Facts & Overview Information
Receiving Payouts and Use of Funds
Reverse Mortgage Calculator
Details on receiving payments/payouts
Covering medical expenses
Maintaining and repairing a property
Assisted living considerations
Nursing home considerations
Get The Home You Want with a Reverse Mortgage
Tools for Seniors to Analyze the Cost of Retirement
Reverse Mortgages and Credit Line Growth Rate
Pros and Cons of Choosing a Line of Credit for Your Reverse Mortgage
Risks of Taking Out a Reverse Mortgage Too Early
Paying for Important Home Maintenance
Options for Reverse Mortgage Fund Distribution
How much can I borrow with a Reverse Mortgage?
Funding Repairs to Help Reduce Falls
Consider Home Equity as a Source of Retirement Income
Paying for Prescriptions
Paying Off College Debt
Paying for Healthcare Costs
Paying for Home Care
Paying Off an Existing Mortgage
Financial Stability for a Second Act After Retirement
Remaining Estate & Children
What happens to my estate?
Affect on children?
Involving adult children in the process
After death
Options for heirs
Can you keep your parents’ home with a reverse mortgage after they have vacated the home?
Reverse Mortgages and surviving spouses
A Reverse Mortgage Won’t Be a Burden On Your Loved Ones
Understanding Some of the Costs
Cost overview
Details on associated fees
Counseling expenses
Appraisal expenses
Closing cost overview (with infographic)
Understanding origination fees
Caregiver loans
Retirement plan
How much will a Reverse Mortgage cost?
Why Borrowers Default & How to Avoid It
How a Reverse Mortgage Can Help You Retire When You’re Ready
Property Type Considerations
HECM for Purchase (H4P)
Navigating the Process
Considerations When Applying for a Reverse Mortgage
Reverse mortgage counseling
Why You Should Work with a CRMP
Discussions during counseling
Frequently Asked Questions About the Reverse Mortgage Counseling Certificate
What is on a reverse mortgage application?
Understanding a Reverse Mortgage Amortization Schedule
Sample timeline
What happens at closing?
Younger spouse under 62?
Applying before age 62?
Downpayment requirements for purchases
Understanding Reverse Mortgage Financial Assessments
Mistakes to Avoid When Getting a Reverse Mortgage
Avoiding Reverse Mortgage Scams
Loan Specific Details
Amortization
Loan-to-Value Considerations
Interest Rates
Mortgage Insurance Premiums (with infographic)
Reverse Mortgage Interest
Regulation Z
What is settling the loan account?
Repair Riders and Reverse Mortgages
What is the Reverse Mortgage Stabilization Act?
Reverse Mortgage Eligibility Requirements
What are the maximum loan amounts for reverse mortgages?
Can You File for Bankruptcy with a Reverse Mortgage?
Differences Between a Proprietary Reverse Mortgage & an FHA-insured Reverse Mortgage
What are the different types of Reverse Mortgage products?
New Higher HECM Loan Limits Provide More Choices for Homeowners
Tax and Benefits
Effects on benefits
Effect on medicaid
Does getting a Reverse Mortgage affect your Social Security Benefits?
Tax deductions
Taxable income
Medicaid Eligibility
Medicare and Reverse Mortgages
Using a Reverse Mortgage to Maximize Social Security Benefits – What Are The Risks?
Reverse Mortgage as a Retirement Tool
Reverse Mortgages May Provide Relief for Seniors in Debt
Aging in Place Resources
Wilmington area resources
For children of parents aging in place
Reverse mortgage funds for in-home care
Meeting medical needs at home
Safety tips for seniors living alone
Accessibility for limited mobility
Helping Seniors Age Comfortably in Place
Assist with feelings of isolation
Discussing aging in place with your children
Making homes more accessible for seniors
Adult daycare & in-home care
Comparing the Median Costs of Senior Care in the U.S. (with infographic)
Stable Homeownership Offers Seniors a Way to Age in Place
Have a back-up plan for funds in retirement?
Other Options?
Industry Information
Industry statistics
2016 industry update and trends
HUD pleased with changes
Roles of reverse counselor
Certification and licensing
Financial planners and reverse mortgages
Accountants and reverse mortgages
Reverse mortgage jobs
Selling? Considerations for real estate agents
Reverse mortgages in the press
A one year look back at Financial Assessment
Reverse Mortgages Becoming More Mainstream
Recap of Reverse Mortgages Being Featured on NBC Nightly News
One on One Q & A with Leann Lanier, CRMP with Alpha Mortgage
Reverse Mortgages for People with Different Life Situations
What Sets Alpha Mortgage Apart?
COVID-19: Relief for HECM Borrowers
Senior Resource Center
How to tell the difference between legitimate reverse mortgages and reverse mortgage scams(with infographic)
Seniors working with contractors
Money saving resources
Home buying tips for seniors
Travel tips for seniors
How to handle student loan debt in retirement
Budgeting tips for senior
Protecting our Seniors from Fraud – Important information from the Senate Aging Committee
What to do if your home is affected by a natural disaster
NC Seniors Who Fall Short of Economic Security Can Find Relief with a Reverse Mortgage
Helping Women Achieve a Financially Secure Retirement
Senior resources in Raleigh
Senior resources in Charlotte
Senior resources in Durham
Senior resources in Greensboro
Senior resources in Winston-Salem
Senior resources in Fayetteville
Senior resources in Asheville
Senior Resources in Greenville
Senior Resources in Concord
Senior Resources in Jacksonville
Senior Resources in Cary
Senior Resources in Chapel Hill
Senior Resources in Rocky Mount
Learn more about how people are using home equity conversion mortgages for purchasing homes:
Please keep in mind that the reverse mortgage industry in constantly changing and some of the information contained on this site may not be current. Please ask a licensed reverse mortgage professional for up-to-date guidelines. You can also learn about some of the misconceptions people have of reverse mortgages in our FAQ area.
Another topic you might find helpful: Understanding the steps in the reverse mortgage process.
