Feb 05, 2026
Lifestyle Home Loan Program
February 4, 2026
Many retirees want to move closer to family and friends and enjoy amenities like walking paths and a community clubhouse and because of this, retirees have become the largest segment of home buyers. This has resulted in increased demand for single-story homes and flexible finance options such as the Lifestyle Home Loan. If you or one of your co-buyers is 62 years old or better, the Lifestyle Home Loan allows you to make a one-time down payment of about 65% of the new home purchase price and you’ll never have to make a monthly mortgage payment. **
Buyers may want to pay cash for a new home to avoid having a mortgage payment during retirement. The downside of paying all cash is you now have a significant portion of your retirement funds tied up in your new home. Investment withdrawals reduce your liquidity and have possible tax implications as well. If using traditional financing, you will have monthly mortgage payments which will dramatically reduce your cash flow.
The Lifestyle Home Loan is a third buying option that solves these problems. It is a combination of cash and traditional financing with deferred payments. The lender gets paid back when the home is sold sometime in the future.
There is no prepayment penalty so if you use the Lifestyle Home Loan to purchase your dream home and decide to move in 10 years, you simply pay off your mortgage balance and keep the remaining equity. The same is true for your heirs when they sell the home after the last borrower permanently vacates.
What happens if you sell your home during a market downturn and the loan balance is greater than the current market value of your home? With a traditional mortgage, you or your estate would be forced to sell the home at a loss and cover the negative balance owed. The Lifestyle Home Loan is an insured, non-recourse loan which means the home is the only asset securing the loan and neither you nor your heirs have any personal liability if your home is sold for a loss.
Lifestyle Home Loan Virtual Seminar
Download the Lifestyle Home Loan Home Buyers Guide
By the time you finish reading this guide you will know the following:
**The borrower/s must occupy the home as their primary residence and remain current on property taxes, homeowner’s insurance, the costs of home maintenance, and any HOA fees.
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