How to qualify for reverse mortgage?

Hi all,

I’m getting retired soon. And I was thinking how I would manage to live in the coming years. I have heard of reverse mortgage. It is a mortgage where we can live comfortably after retirement  without selling our homes. It allows us to borrow funds against the value of our home. But I am a bit confused about it. What are the benefits of a reverse mortgage? How to qualify for this mortgage?     

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