Welcome Roland Park Place Seniors to the Best of Both Worlds Program!
Lock in Life Care Benefits Now. Take time to sell your home for the best possible price!
Many of our incoming residents tell us they would love the convenience of paying for their Entry Fee to lock in their Life Care Benefits now, while also having the time to prepare, list, and sell their existing home for the best possible price. If this sounds like something you too would like to do, bridge financing may be helpful.
We have teamed up with the friendly professionals at Second Act Financial Services, to provide eligible seniors access to a Home Equity Line of Credit loan tailor-made for your next act! You can take advantage of the equity in your home by applying for a line of credit. If approved, you can pay for your Entry Fee from your Home Equity Line of Credit and make interest-only payments on your outstanding loan balance. When you sell your home, you simply pay the Home Equity Line of Credit in full.
If you have a Long-Term Care Insurance Policy and are wondering how it can fit into your plan, the team at Second Act can introduce you to Family Solutions for Care, or FSC for short, a firm that specializes in advising seniors on their long-term care insurance claims.
The Best of Both Worlds!
It’s as easy as 1,2,3!
2. If approved and you close on your Home Equity Line of Credit Loan your funds are sent directly to your Roland Park community.
3. You make much smaller interest-only payments on the amount you have borrowed. When you have sold your home you pay back your Home Equity Line of Credit in full.
Get Started by Calculating Your Need and Payments
Low rates. Affordable Payments. Financing for Senior Living.
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Terms shown are for illustrative purposes only. Accuracy is not guaranteed and it should not be relied upon as a commitment to lend. Please see our Terms and Disclosures page for additional details.
Long-Term Care Insurance
Many people do not know what Long-Term Care Insurance is, or that it even exists. If you are caring for a loved one it is especially important you ask them if they signed up for such a policy many years ago. Long-Term Care Insurance usually can cover a maximum daily amount for housing and care of a senior living resident who needs assistance with a certain minimum set of Activities of Daily Living. Be sure to check this box when evaluating what financial resources you may have at your disposal to cover costs that include degrees of care in an Assisted Living, Memory Care, or Nursing Home, setting. Second Act can direct you to long-term care insurance experts you can receive helpful guidance on your policies as you prepare to move to our community.




