Is reverse mortgage a type of refinance?

Some people talk about reverse mortgages as if they are a world onto their own and do not have any sort of connection with other products in the refinancing niche. Whilst it is a type of refinance, a reverse mortgage is aimed particularly at seniors and so this is maybe why people get confused about the issues. For instance, my mum would be able to take out a reverse mortgage but I wouldn’t. I, however, would be able to take out a range of refinance products should money ever get tight – knock on wood!