[maddog55]

There’s plenty of research out there I suggest you look.

[whitney69]

Okay, here’s your research through Mutual of Omaha:

Pros

Stay in your home and keep full ownership
Receive tax-free cash to use as needed
No monthly mortgage payments required
Over 1.3 million seniors have used this loan to access their home equity
Flexible payment options: lump sum, monthly payments, or line of credit

Cons

Upfront and ongoing fees may be higher than traditional loans
The loan balance and interest grow over time

https://www.reviewcounsel.org/category/reverse-mortgages/?device=c&cid=503&devicemodel=&keyword=are%20reverse%20mortgages%20a%20good%20idea&gclid=EAIaIQobChMImuO8levMjwMVERCtBh1CAg21EAAYASAAEgJCIvD_BwE&loc_interest_ms=&loc_physical_ms=9033461&network=g&utm_source=reviewcounsel-google&utm_medium=cpc&utm_campaign=1060028304&utm_term=are%20reverse%20mortgages%20a%20good%20idea&utm_content=e&campaignid=1060028304&adgroupid=158755178811&creative=672489127670&feeditemid=&targetid=kwd-15879064694&querystring=kwd-15879064694&wbraid=CkwKCAjw_fnFBhACEjwA95CJ3XH3COOqsdvD0H12FLoL5yleSHP5TdToOecbP3ZEGmnk9IHTYut3zXcYSYoWvp8LqAHyrBlEedYaAm5v&gbraid=0AAAAADC9mWcQj3PUztnfYES8biq-j4nUo&gad_source=1&gad_campaignid=1060028304&gbraid=0AAAAADC9mWcQj3PUztnfYES8biq-j4nUo

If 1.3 million people have used this outlet, then it must have worth. It can sometimes be expensive from what I see, but it is a viable way to pay the problem. I called it an option. You came out with strong “no.”

Okay, if the research is out there that it shouldn’t be an option, then show it to me. I never said it didn’t have pro and cons, just show me where it is not an option from the information we were given.

wy69