There are a lot of myths surrounding reverse mortgages; the below videos will help give you clarity on your options.

You can use a reverse mortgage to refinance your current home or to purchase a new one. You can make payments to pay down your loan every month or you can choose not to make any payments and stay in your home as long as you’re living in it. You’re just responsible for making your homeowners insurance and property tax payments.

You can even get a line of credit to help pay everyday expenses and medical bills without having to refinance your existing mortgage.

If you’re 62+, own your home, or are looking to purchase a new home to live in, a reverse mortgage may be right for you. Reverse mortgages are an amazing financial tool that can help you live comfortably in your retirement years.

We've put together 4 videos to help explain all about reverse mortgages.