Top 8 Questions About Reverse Mortgages.By Scott WestlakeApril 14, 20230 comments#reversemortgage #equitytakeout #refinance #CHIP 1. if i have an existing mortgage on the property, can i get a reverse mortgage? Not only is this the most common question regarding reverse mortgages, it is actually one of the most common uses for a reverse mortgage – to pay off the current mortgage and eliminate that payment ...Read more...