Landing A Reverse Mortgage Just Got Tougher

... mortgages - you must be 62 or older to apply - is that instead of making payments to a lender like in a traditional mortgage, the borrower receives non-taxable money from the lender, which does not have to be paid back for as long as the person ...

http://www.businessinsider.com/landing-a-reverse-mortgage-just-got-tougher-2013-4?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheMoneyGame+%28The+Money+Game%29