LOS ANGELES (AP) — Reverse mortgages represent an alluring proposition for seniors: Stay in your own home while the bank pays you either a lump sum or a stream of payments to help supplement your retirement income.

For some, that arrangement can help bring peace of mind. Others will scoff at the hefty fees and restrictions involved. And in many cases, alternative options, such as using one’s home as collateral for a loan from a family member, might be a better fit.

Recommended Stories

The problem isn’t that the pope voted

Why Tuesday’s election results will define the final two years of Trump’s presidency

Why Democrats should want to lose this election