St. Mark Village Team

Understanding options for funding senior living is much easier with a basic knowledge of common financial terms. Here are some to help you get started.

When considering a move to senior living, don’t be shy about asking all the questions you may have. Whether it’s about levels of care, benefits of a certain location, which contract option works best for you, or details about funding senior living. You’re planning your future, and you want to do so with confidence.

At St. Mark Village, we’d be honored to help you.

Paying for senior living is like any major purchase: you do much better when you know the funding options available to you. Here are some possibilities.

A bridge loan, reverse mortgage, insurance conversion, Veteran’s Aid & Assistance, and long-term care insurance are all possible funding options. It’s also good to know of the important tax advantages available if you choose a CCRC, making it more affordable than you might think.

In addition, at St. Mark Village, we understand one size does not fit all. That’s why we offer multiple contract options—Traditional, Monthly Service Fee Discount, and 50% Refundable—so you and your family can choose the one that works best for your needs.

Simplifying the senior living application process: St Mark Village offers a secure online alternative that makes it easier for you and your family.

It’s called Senior Sign—software designed specifically for ease of use by seniors and their families. Similar to DocuSign, except that Senior Sign is HIPAA compliant. All data is encrypted and secure.

And the good news: even if you are not a tech novice, you’ll most likely find this to be a smooth, safe, and painless way to complete the senior living application process. Let us tell you why.

St. Mark Village continues to make significant investments in technology to improve the services and quality of life for residents and team members within the community.