Wellahead blog

How can seniors get loans in retirement?

There are a number of loans available to seniors. Determining which one makes sense for you depends on your individual circumstances, including whether or not you own a home, and more.

February 15, 2024

How family caregivers can find out if they are eligible for financial assistance

Are you a family caregiver? There’s a 20% chance your answer is yes, you are eligible for financial assistance. However, it’s not an easy process.

January 25, 2024

Customer Story: How Can Rose Pay for the Unexpected Costs from a Fall?

Here, we walk through the best options for a retiree recovering from serious injury to access the equity in her home in order to pay for in-home care.

Client story

December 24, 2023

15 Useful Tips for Assessing the Well-being of Aging Loved Ones During the Holidays

Here are 15 simple ways to assess the wellbeing of the older loved ones in your life across physical, mental, environmental, and financial health while you’re home for the holidays.

November 17, 2023

The Top 5 Elder Financial Scams of 2023 and How to Spot Them

According to the Federal Bureau of Investigation (FBI), older adults are currently scammed out of more than $3 billion each year. Given how many scams go unreported ...

News

November 7, 2023

Why is it harder to get a loan now than in 2021?

If you’ve recently been looking to borrow money to pay for a home improvement project or to cover an unexpected healthcare or other emergency need, you may have thought Yikes!

October 17, 2023

Reverse mortgage misconceptions and their origins

If you were watching afternoon tv in the 1990s and 2000s, you likely saw ads targeting retired folks touting reverse mortgages as the solution to any financial problem.

Home Equity 101

September 28, 2023

How to protect yourself from common home loan scams

In addition to risky or outright fraudulent lenders, there are a number of recognizable fraudsters representing themselves as certain types of professionals...

September 24, 2023

What is a Home Equity Investment and who should consider one?

Also known as a home equity agreement or equity sharing agreement, a home equity investment provides a lump sum of cash upfront in exchange for a share in the ownership of your home.

Home Equity 101

September 12, 2023

What is a HELOC and when should you consider one?

If you need an infusion of cash to pay for home modifications or health care for a limited period of time, a HELOC can be a good solution.

Home Equity 101

August 21, 2023

What is a sale-leaseback agreement?

A sale-leaseback agreement is offering cash in exchange for selling a house, and a lease allowing them to stay, paying monthly rent as a tenant.

Home Equity 101

August 11, 2023

How can I afford to stay in my home as I age?

If you’re on a fixed income but own your own home, there are several ways you can access the equity in your home to afford staying there as you age.

Home Equity 101

August 3, 2023

What is a reverse mortgage and who should consider getting one?

The basic concept of a reverse mortgage is pretty simple. Understanding whether or not a reverse mortgage is the right solution for your particular circumstances is more complicated.

Home Equity 101

July 31, 2023

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