A community education resource
Most decisions about a senior’s home are not really mortgage decisions. They are decisions about whether Mom can stay put, how to pay for care, and what happens to the house.
These pages walk through every option on the table for those decisions — including the ones that do not involve a loan, and the ones we are not paid for.
Mortgage Capital Services is compensated only if a homeowner closes a loan with us. Several options described here — selling and moving, a line of credit through your own bank, veterans’ benefits, or simply waiting — pay us nothing at all. They are listed because they are sometimes the better answer. If one of them fits your situation better than a loan, we will say so.
Lenders organize information by product name: HECM, HELOC, refinance, proprietary reverse. Families do not think that way. They think about a person and a problem. Find the situation closest to yours below, and you will get a comparison of everything available for it — loans and otherwise — with an honest account of when each one is a bad idea.
The most common question we hear, and the one least often answered by a mortgage product alone.
In-home care, assisted living, or memory care — in roughly the order families should consider the funding sources.
The most overlooked option, and often the one that works. The real question is how to pay for the next place.
After the loss of a spouse. Our usual advice here is to wait, which costs us business and is still the right advice.
Part financial, part something else. Both parts deserve an honest hearing, and they are easier apart.
We are a small, local team. Billy has been in mortgage and real estate in this region since the 1980s, and Samantha spent more than twelve years working with seniors and their families in senior living before joining the firm. That background shapes how we approach these conversations.
We present no-cost educational sessions for senior communities, churches, libraries, and civic groups across the CSRA and Lowcountry. They are not sales presentations — they cover how these options work, what they cost, and when they are a bad idea. If your organization would like to host one, or you would like to attend the next one, get in touch.
You should never take a lender’s word as the only word. These organizations are not affiliated with Mortgage Capital Services and do not pay us or receive payment from us.
No cost, no application, no pressure. If the answer turns out to be something other than a loan, that is a good outcome and we will tell you.
Important: This page is educational and is not financial, legal, or tax advice, a recommendation, or a commitment to lend. Loan program availability, costs, and requirements are set by lenders and investors and may change. All loans are subject to credit approval and property eligibility. Reverse mortgage borrowers remain responsible for property taxes, homeowners insurance, property maintenance, and other loan obligations. Loan proceeds may affect eligibility for Medicaid, Supplemental Security Income, and other needs-based benefits. Consult a qualified financial, tax, or legal advisor about your own circumstances. Mortgage Capital Services, LLC, NMLS #2694379 · Samantha S. Peel, NMLS #2685482 · Licensed in Georgia & South Carolina · Equal Housing Opportunity.
