This image of Reverse mortgage pros and cons depicts the benefits and drawbacks of a reverse mortgage. These mortgages were particularly popular during the recent recession, particularly among older Americans who may have relied on their fixed and budgeted income to see them through retirement. These people could supplement their cash flow with reverse mortgages, which helped them retire. Although these mortgages are popular among seniors, they may not be suitable for everyone. If you are planning to get a reverse mortgage, you must educate yourself on the reverse mortgages pros and cons.