Age:

Mary 73  & John  75

Home value: 

$290,000

Location:

Long Beach, CA

Equity: 

$290,000

Mary & John would receive a lump sum payment or a credit line of $174,923 or monthly income of $1117.

Example #2 - Mike & Jan Spencer

Age: 

Mike 69  & Jan  70

Home value: 

$170,000

Location:

Dallas, TX

Equity:

$170,000

Mike & Jan would receive a lump sum payment or a credit line of $94,372 or monthly income of $583.

Example #3 - Jane Smith

Age:  

Jane 83

Home value:

$100,000

Location:

Oklahoma City, OK

Equity:

$100,000

Jane would receive a lump sum payment or a credit line of $67,341 or monthly income of $540.