Understanding Reverse Mortgages: Do They Make Sense For You? For some individuals a reverse mortgage is attractive, because it provides access to home equity to pay for living expenses or home repairs, while retaining the borrower's right to live in their home. However, reverse mortgages are complex financial products, with significant impacts on the long term financial well-being of borrowers. learn about the costs and benefits of utilizing a reverse mortgage and develop a strategy to consider this financial product and make an informed borrowing decision. This program is presented by K-State Research and Extension Agent Valeria Edwards. Free. Register online or call 913-715-7000.