With a reverse mortgage refinance, the equity in your home is converted into cash or a line of credit to access whenever you want or need. The cash you receive from a reverse mortgage refinance is yours to do whatever you like with, and no monthly mortgage payments are due on what is borrowed! This gives homeowners aged 55+ the opportunity to cash in on their equity, without the constraints of any mandatory monthly mortgage obligations. A reverse mortgage refinance may be a great option; a reverse mortgage expert at Northwest Reverse Mortgage can help you decide.