Reverse Mortgage

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

  • Senior Centers Community or residential centers with activities and non-medical services designed for independent older adults to promote well-being, activity, social interaction and meals.
  • Activities of Daily Living Assessment An assessment of an individual's physical and cognitive functions to determine if he or she can still complete activities of daily living. Assessments are performed by geriatric case managers, social workers or other similar types of professionals.
  • Rehabilitation Treatments for individuals who have suffered a stroke, brain or spinal cord injury, or pain that cannot be controlled by medication alone. This also includes return-to-work programs or occupational rehabilitation, which help individuals regain skills...

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