Senior Citizens' Equity Act

Senior equity loans, also known as reverse mortgages, provide the homeowner with a regularly cashflow in exchange for giving the lender a share in the equity of the home. These are typically used by seniors who are in need of money and are willing to give up a portion of their home equity.

Equity release schemes are schemes that help senior citizens that have a low fixed income. It can also make sure that a senior citizen can stay in their home for the remainder of their life or until they enter a retirement home.

Yes,my wife have an account in that bank,Mrs Akubia Wallas is the accountant of equity bank plc. is financially strong bank.

Yes! Senior citizens enjoy many benefits in life. Including lower rates from equity loans! You can go check out your local bank, ask them about it, or have someone get it done for you.