A beautiful, well-maintained contemporary home with clean lines with a sage green mixed siding and brick exterior, Cape Cod, MA style suburban home...

Can I Get a Reverse Mortgage if I Still Owe Money on My Home?

October 28, 2026
Mike Burton
HELOC

Having a mortgage balance does not automatically stop you from getting a reverse mortgage, but you may be wondering how that balance gets handled. You may qualify for a reverse mortgage if you still owe money on your home, as…

Yellow sticky notes with hand-drawn money symbols and “HELOC” inside a house shape, a calculator, a notebook, a marker, and a blue paperclip on a dark table.

What Is a HELOC and How Does It Work?

November 22, 2024
Mike Burton
HELOC

A Home Equity Line of Credit (HELOC) is a popular financing option that allows homeowners to tap into their home’s equity to access funds for various purposes. Unlike traditional loans, a HELOC works more like a credit card, giving you…