This is a significant factor in determining whether to get a reverse mortgage or consider an alternative option.  If you want to sell your current home, the reverse mortgage may not be a good option for you on your current home.  However, a reverse mortgage can be used to purchase a new home, so many times, homeowners who do not wish to stay in their current home will sell that home and then use the reverse mortgage to buy their next property to allow them to maximize their assets rather than having to buy a home outright for cash and depleting those assets.