Funding Solutions
To better help our residents and their families find ways to pay for senior living options, University Place is proud to offer our “Funding Solutions” program. Through special offers and partnerships with financial services and benefits programs, we can help you find ways to pay for independent living, giving you and your family peace of mind.
NEW! Deferred Rent Program
You want to enjoy the Big Country's premier retirement lifestyle at University Place now, but the sale of your home may take a little time. We understand that today’s economy requires new solutions. If you own your home, you may qualify for our special "Move Now, Pay Later" offer of delayed rent payments on independent living apartments. Enjoy the lifestyle and services at University Place NOW while your house is for sale!
How does this work? Move to University Place now and pay only $499 per month while your house is on the market. You pay the deferred rent (regular monthly rent minus $499) from the proceeds of the sale when your house is sold. In the meantime, you will enjoy all of the amenities of University Place: nutritious dining, housekeeping services, scheduled transportation, recreational and cultural activities, and the many benefits of maintenance-free living.
To make your move to University Place even easier, we’ll give you the first month’s rent and services free! Only a limited number of our exceptional apartments will be rented under this offer, so don’t delay. Call (325) 676-9946 today and ask for Barbara Lampert.
Rent varies according to apartment style. The reduced rent for double occupancy is $837. Available only to qualified applicants. Some restrictions apply. Call complete details.
VA Aid & Attendance Benefits
Veterans Administration Aid and Attendance benefits may payup to $1,950 per month for wartime veterans or their spouses. Learn more at www.veteransaid.org. Additional information about these benefits is available by calling the VA at (800) 827-1000 or visiting the VA's website. Call us at (325) 676-9946 or email us to learn more about VA Aid and Attendance benefits.
Life Insurance Settlement Program
Life Care Funding Group will liquidate an existing life insurance policy in as few as 30-90 days for a lump sum payment much higher than the cash surrender value. Eligibility includes:
- Age 55 or older.
- Any type of Life Insurance policy (no minimum policy size).
- A Life Settlement is the sale of an asset, not a loan, and has no restrictions on use of money or requirements to be secured or paid back.
- The policy owner is no longer responsible for paying premiums once a Life Settlement is complete.
To learn more about Life Settlements as a source of funds, visit Life Care Funding Group, call (888) 670-7773, or email info@lifecarefunding.com
Finding funding solutions that are right for you
We encourage you to explore all of your financial options and to visit the informative websites of these financial service providers and government services who specialize in serving the families of seniors.
Please Note: These are just some of the options available. We encourage your family to review all options at your disposal and let us know what is best for you.
Our staff is ready to work with you, answer your questions, and connect you with our financial service providers. To learn more, call us today at (325) 676-9946.
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