The Consumer Financial Protection Bureau released a new guide for older homeowners called You have a reverse mortgage: Know your rights and responsibilities. The new guide is the latest tool … more You Have a Reverse Mortgage: Know Your Rights and Responsibilities
Consumer Guides
NRMLA has created guides and resources for consumers who are interested in learning more about reverse mortgages and for borrowers, and their families, who have questions about the rules, guidelines and timelines that apply to their loans.
New Resource for Homeowners Who Need Help
The Finance of America Foundation has created a new online resource for homeowners of all ages who may be experiencing financial hardships. If you have a reverse mortgage … more New Resource for Homeowners Who Need Help
What You Need to Know About Your HECM After Closing
The National Reverse Mortgage Lenders Association created, “What You Need to Know About Your HECM After Closing” to answer questions reverse mortgage loan borrowers, and their heirs, may … more What You Need to Know About Your HECM After Closing
What Do I Do When My Loan is Due?
The National Reverse Mortgage Lenders Association created, “What Do I Do When My Loan is Due?,” to walk reverse mortgage loan borrowers and their families through the end … more What Do I Do When My Loan is Due?
Reverse Mortgage Self-Evaluation: A Checklist of Key Considerations
Reverse mortgages are a versatile financial tool that nearly a million homeowners have used to age-in place, and for other reasons. However, like any financial product, reverse mortgages … more Reverse Mortgage Self-Evaluation: A Checklist of Key Considerations
Recognize & Report Elder Financial Abuse
A new consumer brochure from the National Reverse Mortgage Lenders Association helps seniors and their loved ones recognize common scams and signs of financial exploitation. The free resource … more Recognize & Report Elder Financial Abuse
Choosing the Right Home Environment
Should I Stay Or Should I Go? This consumer toolkit from the National Reverse Mortgage Lenders Association will help older homeowners consider whether their current home environment will best … more Choosing the Right Home Environment