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My Parents Want to Stay Home, But the House Needs Work Your parents are retired and living on a fixed monthly income. They have owned their home for many years and have built significant equity. Then the unexpected happens. The roof needs replacing. The bathroom needs to be made safer. Medical and caregiving expenses are increasing. They have value in their home, but they are unsure how to access it without creating a financial burden. This is when speaking with a lending professional experienced in working with seniors can be helpful. They can explain possible options such as home equity financing, refinancing or a reverse mortgage and help your parents understand the costs and long term considerations. The right answer is different for every family. Before making a major financial decision, understand your options. Find senior focused lending professionals near you through Seniornicity.com