What Is a Reverse Mortgage?

The reverse mortgage is an instrument that allows you to liquidate a part of the value of your house while you're still living in it. The only loan you can get in this country that is age discriminatory in a sense because you have to be at least 62 and up or you're married at least one end of the two has to be 62 and up. By design, it's meant to help people age in place.