Need money from your home. Is a reverse mortgage something that will work for you? It depends on you situation in life. If you own your home and have little else to live on a reverse mortgage may be for you. Basically you will receive a check from the lender monthly
that will help you live. The home is yours for as long as you live. Upon your death the home goes to the lender or at least that portion that has been paid for. Tim DeCapua has a reverse mortgage and can speak to the pros and cons. He thinks that this is the way to go for him but each person needs to do their home work.