SMT Discover - What Is a Reverse Mortgage Loan Good For? http://discover.societymusictheory.org/story.php?title=what-is-a-reverse-mortgage-loan-good-for-2 A reverse mortgage loan is a home loan that provides cash payments to a person based on home equity. This loan does not need to paid until the owners sell the house, move out or die. This money is not an income so it is not taxable and does not affect any other income that you have.A person must be at least 62 years old to take part in this. This information is only for a reverse mortgage in the U Thu, 09 May 2019 13:10:42 UTC en