Jim and Julie have lived in Northern Virginia for forty years and have no plans of moving. They are original owners of their home and their mortgage has long since been paid off. They are active in their community and truly love their neighbors and their friends, and they have their three children and nine grandchildren living nearby. They have some physical limitations, but nothing that a few renovations to their home can't help.

Jim and Julie hope to age in place for as long as they can, but they need money to make the necessary renovations and for day-to-day living. With the price of homes in our area, they currently have $600,000 in equity in their home.

Their children all have good jobs and are comfortable financially. The main concern for their children is that their parents age comfortably in place and are close by. Jim and Julie's need for money and their children's situation is what is driving them to learn more about reverse mortgages, as a way to age in place comfortably.