How can HEA help older/retired members?
Home Equity Associates does not does not discriminate against the aged, or any other section of the community. Your Home Ownership Plan can be fixed at the term that you whish, up to thirty (30) years if that is your requirements. Remember, that your Home Ownership Plan is not only transferable, but bequeathable, so not only are you and your family protected, but so is your Association. What this means, is that you can bequeath your property as well as the mortgage in your Will, if the property is not required by your family, it can be sold by the Association, or donated to the Association, for the use as emergency or permanent housing for the needy.
