Housing Solutions in Gray Divorce

What You’ll Learn:

• The Gray Divorce Reality: Divorce rates for those 50+ have doubled since 1990, and the financial stakes are steep — each spouse faces higher retirement costs, separate housing, and a 77% average reduction in personal wealth.

• Reverse Mortgage Basics: How the HECM works, who qualifies, the four most common misconceptions, and the consumer protections built into the product.

• Keeping One Spouse in the Home: How the HECM can fund a cash buyout to the departing spouse, letting the other stay without taking on monthly mortgage payments — and why a divorce decree can unlock disbursement limits under HUD guidelines.

• HECM for Purchase: When both spouses are ready to move on, how reverse mortgage financing lets each buy a new home with significantly less cash down and no monthly payment obligation going into retirement.