Other home care payment options
Reverse Mortgage may be a solution. Homeowners age 62 and older that have enough equity in their home to satisfy any outstanding liens, and who plan to live in the home as a primary residence most likely qualify for Reverse Mortgage.
A Reverse Mortgage is not influenced by your income or credit situation nor does it affect Social Security or Medicare benefits because those benefits are not based on your income or assets.
A Reverse Mortgage can be used for:
- In Home Care Services
- Medically needed home modification
- Long Term Care Insurance
- Medical Expenses
- High cost of medications and much more
