In a financial advice segment published by CNBC earlier this month, adviser Suze Orman addresses a reader question about whether a reverse mortgage is right for the viewer and her husband. The viewer, whose husband is considering the reverse mortgage, says she is skeptical about the option.

The couple should not get the reverse mortgage “just because he wants it,” Orman says.

The viewer and her husband own their home outright and are retired. Without any particular need for the proceeds from a reverse mortgage, Orman says, the couple should not take out a reverse mortgage.

Orman explains that the loan can be expensive and that the couple will face interest on the proceeds if and when they leave the home. Because there is no particular need for the mortgage, she advises the couple against the decision.

View the CNBC segment featuring Suze Orman. (The reverse mortgage viewer question appears around the 4-minute mark in the video.)

Written by Elizabeth Ecker