the only person who care burst credit report sue. next question comes from dan in virginia who writes are what are the pros and cons of a resploerjs. i m over 62 and have a lot of equity in my house. when does the bank have to be paid back the loan in a resploerjs. reverse mortgages can be very expensive. the only cash they have is the equity in their home. up 20% you ll pay on what you borrow in terms of fees and penalties and interests. the better thing to do here for someone like this is to basically pull it out in a home equity loan or home equity line of credit. interest rates are tremendously low. you only need to pull out what you need as opposed to reverse mortgage which will pull out aflt. the key here, you don t want to pay it back. basically you want to live off of it until you pass away or you sell the home. right. that s the whole point of a reverse mortgage. thank you so much for helping