Scrappy Gram

We need to do some work on our house. Up to this point we have spent out of pocket as we could afford it for new windows, insulation, roofing. Now we want to do siding, restructure the greenhouse into a closed storage facility and renovate the kitchen.

Since I would like the kitchen sooner rather than later, we are exploring options to finance this part of the project.

Options we are investigating are home equity loan, home equity line of credit and reverse mortgage.

I would like to hear of anyone's experience with a reverse mortgage, positive or negative.

Thanks so much,
Deb