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Home Care Financing

Home Care Financing

Due to longer lifespan, there is  increasing need for home care services for seniors. Some of these services are not covered by the government. In that case most seniors use the equity in their homes as an option to cover the costs associated with home health care.

Living Assistance Services has collaborated with Schedule A Lender to help their clients tap into the equity of their homes. The product is known as a REVERSE MORTGAGE.

Some of the highlights of this financing program include:

  • Receiving regular planned advances.
  • Payment of interest or principle is not required as long as you own your home.
  • Maintaining full ownership of your home.
  • The loan becomes due upon owner’s passing or sale of the home.
  • Early payment options are available.
  • No income verification is required to qualify for this loan.
  • Borrower has to be minimum 60 years and plus.

Please contact Centum Mortgage Smart at :905-499-2700

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