84% of professionals who work closely with older adults rank “not having enough disposable income” as a top financial concern they have for older adults.
Source: The 2015 United States of Aging Survey: National Findings, conducted by the National Association of Area Agency on Aging (n4a), the National Council on Aging (NCOA) and UnitedHealthcare. Professionals include staff from the Area Agencies on Aging, credit union managers, primary care physicians and pharmacists
Now there’s another way to help cover the rising cost of healthcare and in-home care.
While Medicare covers some healthcare expenses, older Americans are still spending significant out-of-pocket 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.
To learn more about solutions that could help the older adults you care for to pay for healthcare, in-home care, and/or home modifications that can help them be safer and more comfortable, please call me today.
HECM Loan Specialist, NMLS #21059
Call 815-703-4745 | email@example.com
Great experience Larry McAnarney was just super. He helped us stay organized and explained everything that needed to happen to complete the reverse mortgage. We really couldn't have done it without him. Like anything that's associated with the government, there are lots of hoops to jump through. But Larry was very patient with our questions and was easy to work with from start to finish. My wife was getting impatient with the process and said some things that would have caused most people to say good-bye, but Larry stayed calm and didn't put any pressure on us to make a final decision. He treated us with respect and wanted to be sure that WE were happy with what we were doing. I'd highly recommend Larry to anyone who is considering a second mortgage. It was a great experience.
Terry M — Aug 14, 2015
Clone Larry! When we met Larry McAnarney, it did not take long to feel comfortable. There was no high pressure feeling; he answered our questions and put us at ease. Larry was great! Our Hud counselor, and the gentleman who did our closing were very good, too. Only one problem.....we should have done it sooner. Larry gets SIX stars. Bernice and Dave
Bernice & Dave L — Oct 28, 2014
Reverse Mortgage Made Easy! From the start, Larry McAnarney was supportive, helpful, patient and explained everything in a way I could understand. He was always responsive to my calls and emails, and made sure that the process stayed on track. It was a real pleasure doing business with Larry, and I recommend him highly -- especially for taking the mysteries out of what could be a confusing and complex process, and just putting your mind at ease.
Laura M — Jul 24, 2015