Senior Living Bridge
Helping older adults and families secure quality care while protecting their wealth.
Senior Living Bridge Loans were created to help older adults and their families with the cost of assisted living, home care, or skilled nursing on a short-term basis until more permanent financial assistance can be obtained (like the sale of a home).
Funds are directed to care providers such as assisted living communities or home care agencies. In addition to convenience, this also helps protect the older adult from misuse of funds. Some cash can also be provided directly to the family to help pay for living expenses, relocation, incidental and unexpected costs and can be an effective alternative when compared to selling securities or utilizing reverse mortgages.
Bridge Programs
For families with a remaining mortgage on the old home who want to eliminate all monthly costs to obtain care.
What's Covered
- Existing mortgage
- Community initiation and entrance fees
- Moving expenses
- Monthly living expenses
For families who want to protect their savings and need 3-6 months of runway while the old home is listed for sale.
What's Covered
- Community initiation and entrance fees
- Moving expenses
- Monthly living expenses
For families who have the cash for monthly rent but need help with the large upfront community fee.
What's Covered
- Community initiation and entrance fees