Now there’s another way to help cover the rising cost of healthcare.
While Medicare covers some healthcare expenses, older Americans are still spending significant out-ofpocket money on supplemental health insurance premiums, long-term-care insurance, home healthcare and non-medical in-home care. A reverse mortgage allows homeowners age 62 and older to borrow against their home equity in order to access a new source of funds, while they continue to live in and own their homes. It can help them afford the care they need, without having to draw upon savings or other investments.
For example:
- Medical co-pays
- Home healthcare
- Non-medical in-home care
- Home modifications
- And more
To learn more about how a reverse mortgage could help the older adults you care for to pay for healthcare costs, please call me today.
Marshall Gallop
Reverse Mortgage Loan Specialist, NMLS #450841
Call 904-662-2634 | mgallop@reversefunding.com
