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Aging in Place (AIP)

Aging in place (AIP) is a fantastic option. Independent living modifications can be rather expensive. Aging in place costs considerably less than assisted living care, but it's not free.

Some Important Considerations in order to determine your needs and options:

Are you having trouble getting safely around your home?
Does your home need updates or improvements, safety or otherwise?
Would minor changes to your home make it more livable and for a longer time?
Do you need help financing your home repairs?

If the answer to any of the above questions is yes, then a reverse mortgage may be an excellent option for you!

FirstBank provides financing solutions to homeowners working with remodelers and Mobility Specialists - who focus on serving senior-aged individuals seeking to improve their quality of life, while Aging-in-Place. FirstBank provides Home Equity Conversion Mortgage Loan products, also known as reverse mortgage loans.

These loans were created for homeowners or those seeking to purchase new homes who are at least 62 years of age. Borrowers have a variety of programs choices and ways to access the funds that would be available based upon their individual qualifications.

Use a Home Equity Conversion Mortgage For:

Remodeling, safety enhancements
Aging-in-Place upgrades and renovations
General renovations
Stair Lifts
Elevators or wheel chair lifts
Walk-In Tubs
Home Improvements
Kitchen and bath conversions
Baths accessibility, And More!

Additionally, you will benefit from:

Access to financial products created specifically to meet your needs.
FHA Insured Loan Products
Simple qualification process
Continued ownership of your home
No monthly mortgage payments!

 

 


Contact our team of Reverse Mortgage Specialists and let us provide a complimentary consultation.  We will explain in detail exactly how the loan works, see what options may be available to you, and answer any questions that you or your loved ones might have.

FirstBank Mortgage Hotline:  (877) 865-6706.

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Published in Reverse Mortgage
FirstBank

FirstBank is a long standing member of and holds A+ rating from the BBB. We are subscribing members of the National Reverse Mortgage Lenders Association (NRMLA), and we are an approved direct lender with the US Department of Housing and Urban Development (HUD).

3500 Blue Lake Drive, Ste. 325 

Birmingham, AL 35243 
205-503-4188 | 800-200-6462 
info@firstbankreversemortgage.com
firstbankreversemortgage.com

Website: www.firstbankonline.com

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