Page 1 - AAG108_In Home Care Buckslip
P. 1
Using Home Equity to
Fund In-Home Care
A Home Equity Conversion Mortgage (HECM) loan can:
n Supplement health insurance
n over in-home care 25 %
C
n liminate monthly mortgage payments (borrower fewer doctor
E
70 % must continue to pay property taxes, homeowners care is in place 1
visits occur
when home
insurance, and home maintenance costs)
of those 65+
will need Control Your Care
assistance at
some point 1