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Senior homeowners, Howard and Helen both in their
early 80s, have lived in their home on the Peninsula for over 30 years. They had
sufficient income to meet monthly expenses but wanted to have some reserve income
in order to expand their ability to meet unexpected expenses and to enjoy some
additional leisure time activities. HIP Housing's Home Equity Conversion
Counselor met Howard and Helen at their home to provide objective counseling
regarding their Home Equity Conversion options. HIP Housing helped them assess
their goals and options as well as providing them with additional community resources
to help meet their needs. After the counseling session, Howard and Helen pursued a
Reverse Mortgage. The extra income has helped them with unexpected expenses after an
emergency situation they faced recently.
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Howard & Helen |
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