If, say, you have $ 200,000 of equity in your home, you might be able to take out a reverse mortgage loan for 60 percent of that or $ 120,000. (totalmortgage.com)
You'll also have to continue to pay property taxes when taking out a reverse mortgage. (totalmortgage.com)
But he has also explored the impact of taking out a reverse mortgage line of credit. (assetbuilder.com)