What are the disadvantages of a reverse mortgage?

Reverse Mortgage Pros and Cons

This government regulated loan may provide the extra proceeds needed to establish a safety net for the future, but it’s not for everyone.

Advantages and Disadvantages of a Traditional Fixed Rate Loan

For those who need to borrow a large sum and are capable of repaying that sum (and more) over time, there is an option.

What are the disadvantages of a reverse mortgage?

One of the sure-fire ways to truly understand a product[…]