I just heard a touching story of a recently widowed lady who was left with next to nothing. A home paid in full and a pile of bills and funeral expenses. Since she intended to live in the home from here on, the answer was simple. She applied for a home equity - reverse mortgage.
She caught everything up and had access to more of the equity in her home if she ever needed it. Talk about piece of mind!
The great thing is that, unlike the typical mortgage, the qualification process is a walk in the park. The credit score and income are irrelevant because the senior doesn't repay the loan. The loan is repaid after the senior leaves the home. No payments are ever made until then!