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Benefit And Uses of Your Loan

Are there restrictions on how I can use the money?

Absolutely not. You are free to spend the money any way you wish.

And the money that you receive is tax free!

What are some of the ways which your clients have used the money?

The options are endless, but some of our clients have had the following uses:

  • Eliminate debt
  • Make house repairs
  • Travel
  • Pay for medical expenses
  • Purchase in-home nursing care for a loved one
  • College tuition for grandchildren
  • Pay off an existing mortgage
  • Supplement monthly income
  • Establish a Line of Credit to use as needed

How can I receive my money?

The choice is yours. You can choose from the following options:

  • Lump sum
  • Monthly payments
  • Establish a line of credit and withdraw money as needed
  • Invest the money in an annuity and choose how it is to be received
  • Establish your own time frame (i.e.: payments for 3 years, 5 years, 10 years, etc.)
  • Receive some money up front and leave the remainder in a Line of Credit to be used in the future at your discretion. There are no interest charges on the unused portion of the money!
Home Repairs, Improvements or even Landscaping
Travel
Medical Expenses
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