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THE CHALLENGE
The Rising Cost of Care
​As care needs change, the cost of getting the right support can quickly become a significant financial concern. For many families, the question isn’t just what kind of care is needed—it’s how to pay for it.​​
Care costs may include:
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In-home care
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Assisted living
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Memory care
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Skilled nursing
THE REALITY OF CARE COSTS
80%
of older adults—or 32 million households - do not have the financial resources to pay for just two years of nursing home care or four years of assisted living.
Source: NCOA, 2023
THE SOLUTION
Put Your Home Equity to Work
A Home Equity Conversion Mortgage (HECM) allows homeowners 62 and older to access a portion of their home equity and use the funds for care—whether that means bringing support into the home or helping meet changing care needs over time.
Access Funds for Care
Use available proceeds to help pay for in-home care, assisted living, memory care or other needs.
No Required Monthly Mortgage Payment*
Keep more of your monthly cash flow available for care and other expenses.
Stay in Control
You retain title to your home and choose how available HECM proceeds are used.
Among seniors with home equity, the home represents 55% of their total net worth.
Source: National Institute on Retirement Security, 2026; SIPP 2023 Panel
*No monthly mortgage payments are required. Borrowers must continue to pay property taxes and homeowners insurance, maintain the home, and meet all loan obligations.