Reverse Mortgages, often referred to as Home Equity Conversion Mortgages, are a type of loan exclusively for seniors aged 62 and above that let an older adult convert a portion of their home equity into cash to help fund their retirement. A Reverse Mortgage differs from a traditional second mortgage or home equity loan in that the loan doesn’t need to be repaid until the home is no longer the principal residence of the borrower, or the obligations of the mortgage fail to be met. Counseling by a HUD-approved counseling agency is a federal requirement, to help seniors understand the pros and cons of applying for a Reverse Mortgage loan.
Call to speak with a Senior Care Advisor, who will complete an over-the-phone consultation with you to help us understand your physical, financial, and geographic needs.
We will explain the various Senior Living and Care options available to you and match you with the options that best meet your needs and preferences.
On our complimentary guided tours, a Senior Care Advisor will personally drive you to the senior living option that you select. All senior living communities have been pre-screened and evaluated by Placement Helpers to ensure a high quality of care.
We will be in touch with you throughout the entire process, helping you with any questions or concerns you may have and can speak with communities on your behalf. Once you or your loved one has moved in, we will follow you up to make sure you are highly satisfied with your new community.
