A reverse mortgage is a mortgage loan, for the most part anchored over a private property, that empowers the borrower to get to the unhampered estimation of the property. Since there are no required mortgage payments on a reverse mortgage, the intrigue is added to the loan balance every month. The loans are ordinarily elevated to more seasoned property holders and normally don't require month to month mortgage payments. Borrowers are as yet in charge of property duties and mortgage holder's protection.