harrydavidson701l3 - Technically you can do this, but I don't think it is worth it. Paying a mortgage can give you some benefits that you don't even think of at the moment. For example, you will be able to use the services of goodlifehomeloans.com and get a reverse mortgage. It will allow you to get some money for your needs when you retire. The money you will get from a reverse mortgage you can use for your personal needs. For example, you can use them for renovating your house to pay for some hospital bills, or buy a car.