Tip - How do I know if a reverse mortgage is a good idea for me? What should I consider before applying?

It’s usually a good idea to discuss important financial decisions with friends, family, or someone you trust. Here are some questions to consider before applying for a reverse mortgage: Is there another, cheaper way for you to achieve your financial goal?Before tapping into your home equity, see if you can find a way to lower your expenses. If you need extra money to cover living expenses, see if you qualify for a state or local program to low