This financing product is a loan that is made available to persons aged 62 or better. It can be used to put the idle home equity in the property to work. The homeowner’s obligation would be to repay the loan. However, this repayment is deferred until the owner passes away, moves out, or the home is sold. For couples, as long as one person still occupies the home, there are safeguards for them to remain living at home. Click here for more information through AARP.