[RVN Airplane Driver]

If the borrowers receive Medicaid or other public benefits, loan advances may be counted as liquid assets . The borrower could then lose eligibility if their total liquid assets are too high.

That is a highly unlikely circumstance for a RM recipient. BTW if my aunt had gonads she would be my uncle...about the same likelihood as losing medicaid through a RM

[george76]

There are many benefits and risks to reverse mortgages aka an annuity. Even more than what have been mentioned so far.

Many old people can easily be tricked by clever, fast talking...salesmen.

Some salesmen also kill their sales thru tasteless humor.