Financial Information2020-02-01T23:21:21+00:00

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For financial information in your local area please call to speak with a Senior Group Home Adviser at 855-405-6338

Financial Options - Frequently Asked Questions

What is the Cost of Senior Group Homes and other Senior Living Facilities?2018-03-19T21:02:37+00:00

The cost will always be dependent on a number of factors including location, quality, and quantity of services offered, as well as the discretion of facility owners. We recommend calling an Eldercare Advisor today at 602-362-8803

How Does a Reverse Mortgage Work?2018-03-19T21:01:05+00:00

With a reverse mortgage, there are no monthly payments. Instead, the equity of the home is used as a loan to the homeowner that is expected to eventually be repaid by the sale of the home.

What is a Reverse Mortgage?2018-03-19T21:00:23+00:00

A reverse mortgage, also known as the home equity conversion mortgage (HECM), is a mortgage loan for homeowners 62 or older who have accumulated equity in their home and want to borrow that equity for supplemental income.

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