The homeowner retains title, ownership and all equity in the home

How a reverse mortgage works including the pros and cons

Reverse mortgages have evolved over the years to become an excellent financial tool

How the proceeds from a reverse may be taken, including monthly payments, a lump-sum or a line-of-credit

Proceeds are tax-free and there is no impact on Social Security or Medicare benefits

The equity can be used to supplement retirement, pay for unexpected expenses, travel, or other needs

Other reverse mortgage myths and facts