Eldercare Resources
The Eldercare Resource Articles above are written to help you understand the need for and the process of planning for long term care.
There are four key steps to successful long term care planning.
1. Knowledge & Preparation
2. Proper Funding
3. Using Long Term Care Professionals
4.Creating a Personal Care Plan and Choosing a Care Coordinator
 


BCI Financial BCI Financial is committed to helping you find the right loan product for your needs. We understand that every borrower is different and we offer a variety of products to meet your individual requirements. We make the process of securing a loan simple and straightforward by offering you the latest in financial tools that enable you to make sound financial decisions.

HECM Reverse Mortgage
There are different types of Reverse Mortgages for different situations. The most common type is the Home Equity Conversion Mortgage (HECM), which is insured by the federal government.

  • Available for individuals 62 years old or older
  • No income or credit qualification
  • No monthly payments are required
  • Delivers tax free monthly income (consult your Tax Advisor)
  • Allows homeowner to live in their home
  • Title to the home remains in the homeowners name

The number of reverse mortgage loans made throughout the United States is increasing at a dramatic rate. The reason for this is more and more seniors and their families are educating themselves about the benefits of a reverse mortgage and deciding that it is the best solution for them. The question you may be asking yourself is "Is a reverse mortgage right for me?" or "Is a reverse mortgage right for my parents or older relatives?"

Before you can answer either of those questions, you need to get all the facts and, for that, you've come to the right place! By following the links above, you will be on your way to learning how a reverse mortgage might benefit you or the senior in your life. When you are ready to apply, or even if you just have more questions, we hope you will call BCI Financial.

You can also visit the AARP Website for additional facts about Reverse Mortgages.

Call for more information or click here and answer a few general questions to have a qualified Reverse Mortgage Specialist call you with specific answers to your specific situation.

   
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MichaelMichael Savenelli Sr. - Member of the Connecticut North Advisory Board on the Connecticut Care Planning Council

BCI Financial

219 S. Main St. Route 10
Cheshire, CT 06410

www.bcifinancial.com

Phone #: 203-439-9400 ext. 435
Toll Free #: 1-866-BCI-CORP ext. 435

msavenelli@bcifinancial.com

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 about the CtCPC
 

The Connecticut Care Planning Council provides a listing of care providers and advisors dedicated to helping families find eldercare services and advice.

Integrity and honesty are at the heart of our organization. It is our intent to deliver reliable and honest services.

 
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