You are 62 years or older and you own a home. Or your parents are 62 or older and own their own home. You hear about reverse mortgages from a news article or an advertisement or a website. Or maybe from a friend or relative. Or you might contact a reverse mortgage lender on the phone or on the internet. You hear that you can borrow against the equity in your home while you still live in it. You hear that this is a loan you do not have to pay back until you leave the home permanently. Your interest is sparked.

This might be just the right financial solution for a current or a future need. You can use a reverse mortgage to pay off your existing mortgage and lower your monthly expenses. You can use it to pay for health care. Or it might just provide you with the peace of mind that comes from knowing you have cash available.

As a responsible consumer, you want to educate yourself, you want to learn as much as you can about a reverse mortgage. So where do you turn?