Financial Options

Making It Affordable and Easy to Plan for Independent Senior Living

Planning for elder care and independent senior living can be challenging and emotional—with many decisions to make and even more options to consider. At our senior independent living community, we want to make it affordable and easy to plan. We offer senior living financial planning, specifically modeled to find the financial solution to meet your needs. We believe in independent living with enhanced services and no buy in fee. Our goal is to provide affordable independent senior living services that exceed the expectations of the residents and families we serve.

Our financial options include:

With a Line of Credit or a loan based on home equity, we can make senior living affordable today. Whether selling a home, applying for VA benefits or waiting for other funds, our financing options give you financial flexibility. We can provide funding in less than 24 hours.

Many qualified Veterans and spouses are eligible for VA benefits to pay for senior living. Our network of VA experts is ready to assist you with your application today. The Department of Veterans Affairs provides an Aid and Attendance financial benefit to eligible wartime veterans, couples, and surviving spouses of veterans. Depending on your situation, you may be eligible for up to $2,120 per month. We can introduce you to a resource group that will review the VA eligibility criteria with you and assist with the paperwork in applying for the benefit. Contact us to find out how to take advantage of our network of VA experts to apply for this wonderful opportunity.

Your life insurance policies may be a financial solution for funding your move to your senior living community. Call us to discover how. A life settlement provides seniors with cash for their life insurance policy. Available for term, universal or whole life policies, life settlements, on average, provide three-to-four times the cash surrender value of your insurance policy. We can introduce you to a provider that will help you determine how much cash you can receive for your life insurance policy so you can decide whether this is a good option for you.

Elderlife provides lines of credit to help seniors and their families pay for senior living. The Elderlife Line of Credit is an easy way to finance senior living, eliminating for many, a significant obstacle to moving into a senior living community. With low monthly payments, the Elderlife Line of Credit can be utilized to:

  • Pay for rent while waiting for a home to sell
  • Pay for rent while waiting for VA or other benefits
  • Finance move-in fees
  • Supplement monthly rent

Getting in Touch

We welcome you to contact us for more information.

78 Will Rogers Dr, Saranac Lake, NY 12983 US

Follow Us

  • This field is for validation purposes and should be left unchanged.
Scroll to Top