I'm a long-time Reverse Mortgage Specialist licensed in CT, MA and NH.  Reverse Mortgages, appropriately used, are a wonderful loan product.  I spend alot of time simply educating homeowners, financial planners, lawyers and real estate professionals about how these versatile loans work...and how they can work for them.   They are designed to give homeowners over the age of 62, a way to access their home equity without having to take on a monthly payment.  A borrower can use the tax-free funds for any legal purpose -- including the purchase of a home! Call me to find out more....there's no obligation and I'll even buy the coffee!