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Elderlife Financial: Elderlife is a lending institution that provides loans for seniors. EFS Access loan is an easy way to finance senior living, eliminating for many, a significant obstacle to moving into a senior living community. With low monthly payments, this loan can be utilized to:
- Pay for rent while waiting for a home to sell
- Pay for rent while waiting for VA or other benefits
- Finance move-in fees
- Supplement monthly rent
Life Care Funding Group: The Life Care Funding Group helps seniors raise funds to pay for senior housing through the life settlement market. A “life settlement” is the sale of an in-force life insurance policy for an amount much greater than the cash surrender value from the insurance company. Many families and seniors find a life settlement a great way to help finance their senior living options.
Veterans Program - Aid & Attendance: The Aid and Attendance is a Federal benefit provided through the Department of Veteran Affairs. Eligible veterans, surviving spouses of veterans, or couples can receive up to $1800.00 per month. Visit the Veteran Aid and Attendance Benefit Page for more information.
BB&T bank: BB&T will provide timely approval of a secured loan for qualified prospective residents
For more details on any of these programs, please contact The Lynmoore Administrator.
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