In April 2024, our team got a call from Tom. In September 2025, we closed on his home loan.
Some family “meeting of the minds” sessions, one heart attack, and a bout with cancer later, Tom and roommate Ellen signed off on their plan to affordably maintain and stay in their brand new home.
Proceeds from a Home Equity Conversion Mortgage allowed them to:
- eliminate construction debt incurred during the build
- retain a growing line of credit for future maintenance and life surprises
- cover their property taxes and homeowner’s insurance with a credit line set aside
- provide for either of them to remain in the home, affordably, should one of them require additional care or pass away
The meet-cute part. Tom and Ellen became roommates as youngsters, Tom 55 and Ellen 72. The common thread, Tom’s sister, who also shared a home with them early on.
Fast forward 15 years, and the arrangement is going strong. By pooling their resources, they completed the build on the perfect aging-in-place home, then secured their future with the RIGHT financing for their specific needs.
The relief was visible the day I joined them at their new home to sign docs. The gratitude expressed, the entire reason I do this job.
We don’t just do loans, we join our clients’ life journey – sometimes for years.
