Posted on: 01st Aug, 2009 12:09 pm
What is the difference between Long Term Care and a reverse mortgage?
Hi williamdona,
Long term care and reverse mortgage are totally different issues. Long-term care includes variety of medical and non-medical care to patients who have chronic illness or disability. It helps to meet both health and personal needs. It includes assisting people with support services like dressing, bathing, and using the washroom. This can be provided at home, in the community, in assisted living or in nursing homes.
On the other hand, a reverse mortgage is available to senior home owners who are above 62 years of age. To know more about reverse mortgage, check out the following page:
http://www.mortgagefit.com/reverse.html
Long term care and reverse mortgage are totally different issues. Long-term care includes variety of medical and non-medical care to patients who have chronic illness or disability. It helps to meet both health and personal needs. It includes assisting people with support services like dressing, bathing, and using the washroom. This can be provided at home, in the community, in assisted living or in nursing homes.
On the other hand, a reverse mortgage is available to senior home owners who are above 62 years of age. To know more about reverse mortgage, check out the following page:
http://www.mortgagefit.com/reverse.html