A little-known reverse mortgage program could help retirees buy a new home without monthly mortgage payments. Pla2na/Getty Images

For many older Americans, retirement isn't about staying put in their homes. It's a time for making a meaningful change instead. Some retirees want to downsize their home into a more manageable space, for example, while others dream of relocating closer to family or settling into a sunny retirement community. But with mortgage rates still hovering above 6% despite recent rate drops, and retirement income typically fixed, buying a new home later in life can feel like an uphill climb.

The challenge of qualifying for a new loan in your 60s or 70s can make buying a home in retirement feel complicated, or even out of reach. So, while the desire to move du

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