The United States is seeing an increase in seniors or the elderly taking out reverse mortgages on their paid off homes. It may appear to be an attractive option but proceed with caution when considering obtaining a reverse mortgage. What Is A Reverse Mortgage ? In simple terms a reverse mortgage is a lump sum of money borrowed against your paid off house. The reverse mortgage is only to be repaid once the home is sold after death or relocation. Implications Of A Reverse Mortgage … [Read more...] about Should An Aging Parent Consider A Reverse Mortgage ?