Common Reverse Mortgage Misconceptions Homeowners Should Know

Split image: Left side shows a confused older man with question marks in front of a house labeled "Myth." Right side shows him smiling with house keys and a green check, labeled "Fact.

Reverse mortgages allow seniors to convert home equity into cash without monthly repayments, but misconceptions often cause hesitation. Key truths are that you retain home ownership, heirs can inherit the home (by repaying the loan), and you cannot be forced out if you pay taxes/insurance and live there. A reverse