If you are an Indianapolis-area senior, your current or next residence might need home improvements or senior accessibility modifications to enhance your active home-based retirement. If that’s the case, I’ve got good news for you: two groups might be great resources for the necessary funding: the Indianapolis Neighborhood Housing Partnership, or INHP; and the Federal Home Loan Bank of Indianapolis, or FHLBI. Both groups offer financing for qualified borrowers for accessibili

Maybe you’ve seen those reverse mortgage commercials on TV. In 30 or 60 seconds, it can be difficult to grasp what a reverse mortgage can do for you. But here is the basic idea: With a reverse mortgage, seniors age 62+ can use their home equity (the difference between your home’s market value and the amount you still owe on any mortgage or equity loan) to pay for other financial obligations or plans. Unlike a Home Equity Line of Credit (HELOC), a reverse mortgage typically de