How does a reverse mortgage work? A reverse mortgage is a type of home loan only available to people age 62 or older. Unlike traditional mortgages, with a reverse mortgage, the lender pays you ...

Text Callout : Key Takeaways - When Does a Reverse ... spouse. For example, if you're 65 but your spouse is 61, you'll have to wait until they turn 62 to get a reverse mortgage.

NRMLA co-chair Jim Cory discussed a new industry outreach effort to bring more people up to speed with reverse mortgages.