A reverse mortgage is a type of home loan that is given to you as a portion of the equity in your home. These types of mortgages can also be called Home Equity Conversion Mortgages and are different than a standard home equity line of credit. A typical home equity line of credit requires that the borrower make monthly payments on principal and interest, but a reverse mortgage pays the borrower. … [Read more...] about How Does a Reverse Mortgage Work?