Page 11 - Your Guide to Accessing Home Equity 7.18.17
P. 11

Photo not picture of actual borrowers.























 HOME EQUITY HAS the pote ntial to be a major source of

 financial security fo r U.S. Households.

                                        6
       5
 Seniors’ Access to Home Equity: Identifying Existing Mechanism s and Impediments to Broader Adoption, Urban Institute, 2017.
      A Family Loan                    Home Modification
      See your granddaughter           Build ramps, install chair lifts
      graduate from college,           or install the walk-in tub you
      take your family on a trip or    need to improve your quality
      even give your grandson a        of life.
      handsome gift as he walks
      down the aisle. Reconnect
      with friends and family and      A Medical Loan
      celebrate life’s milestones.     Pay for out of pocket medical
                                       expenses, general care,
                                       dental care or maybe even a
      Home Care                        new hearing aid.

      Pay for your care and invest     1 U.S. Department of Health & Human
      in your well-being - seven out   Services. National Clearinghouse for
      of ten Americans turning 65      Long-Term Care Information. http://www.
                                       longtermcare.gov/LTC/Main_Site/index
      can expect to use some form      aspx, accessed July 11, 2017.
      of long term care during their
      lives. 1                                             aag.com 8  11
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