We have all seen famous actors on television advertising reverse mortgages and talking about how they provide seniors with a stream of income for their old age by tapping into the equity in their homes. It sounds great! But is it? While there may be real benefits for some people, reverse mortgages come with high costs and other serious drawbacks you need to consider. The more you know about reverse mortgages, the better equipped you will be to make a sound financial decision about something as important as your home.