While most people know something about traditional mortgages (also known as conventional mortgages), fewer understand reverse mortgages. In truth, the two financial vehicles have little in common.

The decision to take out—or not take out—a Reverse Mortgage is a big one. Before you apply, it’s always a good idea to speak with a financial advisor to discuss your goals and options. In this article we discuss the Pros and Cons of a Reverse Mortgage