In plain English, aging-in-place means remaining in one’s home safely, independently, and comfortably, regardless of age, income, or ability level. It means the pleasure of living in a familiar environment throughout one’s maturing years, and the ability to enjoy the familiar daily rituals and the special events that enrich all our lives. It means the reassurance of being able to call a house a “home” for a lifetime.

You’ve invested years in your home, now discover the rewards! A reverse mortgage is a type of home equity loan for senior homeowners that may allow you to convert some of the equity in your home into cash while you retain homeownership. Instead of making monthly mortgage payments like a traditional home loan, reverse mortgage are paid back in one lump sum when the borrower no longer resides in the home.