A type of loan where an individual borrows against the value of their home and does not have to pay back the principal until the individual sells the home or leaves the home permanently.
More Common Terms
- Geriatric Care Manager Also known as a Case or Care Manager. A professional who provides an assessment of an older adult's capabilities to create a care plan to address housing, medical, social and other needs.
- Arthritis Ailments that involve sore or swollen joints. Symptoms may also include redness, joint pain, stiffness and restricted motion. Various types of Arthritis include Osteoarthritis, Rheumatoid and Gout.
- Medical Alert & Call Systems Also known as Emergency Response Systems. An electronic system or device that connects an individual to assistance in an emergency.