Financial Resources

Patriot Mobility Inc.

Financing Your Mobility Products With State Resources

If you need assistance in financing your investment in mobility products and services for your home or business, Patriot Mobility Inc is happy to show help you find the assistance you require. There are many state resources available to you, including:



If you have any questions about financing your lift or ramp, please give us a call.


Read on (see below) to learn about other ways to finance your mobility products.

Home Equity Conversion Mortgage (HECM)

People who are age 62 or over and own a home may be eligible for the Home Equity Conversion Mortage (HECM). The HECM allows you to gain equity tax and no penalties with a line of credit that grows over time. Other advantages include::


  • No equity draw limit
  • No minimum payments
  • Lenders can’t freeze or reduce loan amount
  • Homes can’t be foreclosed unless taxes or insurance are unpaid
  • Borrowers and inheritors don’t pay more than market value as the loan matures


Please learn more about how the HECM can benefit you.

Home Improvement Loans

Home improvement loans are another way to finance ramps and lifts for your home or business. Some housing authorities offer home improvement loans. The repayment plans are low interest. There are, no prepayment penalty types with no closing fees. You should find out if your local state housing authority offers programs like this and if you are eligible.

Specially Adapted Housing Grant (SAH)

Veterans with service-connected injuries or illnesses may be eligible for this grant for their housing needs. The goal is to provide a hassle-free option for veterans in need to live independently. The grant allows for a maximum of $90,364 and is typically applied to accessible homes. Veterans who may be eligible include:


  • The loss or loss of use of both lower extremities
  • Blindness in both eyes or loss of vision plus the loss or loss of use of 1 lower extremity
  • Loss or loss of use of 1 lower extremity along with 1 residual organ disease/illness or the loss or loss of use of both upper extremities

Special Home Adaptions Grant (SHA)

Vets who have specific service-connected diseases or injuries may be eligible for a grant that can be used to enhance one’s home for more accessibility. The maximum amount you can receive is $12,756. Veterans are entitled to the grant who have a service-connected illness or injury such as: 


  • Blindness in both eyes
  • The loss/loss of use of both hands or extremities below the elbow

Home Improvements and Structural Alterations Grant (HISA)

The Home Improvements and Structural Alterations program allows veterans with service- or non-service-connected illnesses or injuries to renovate their homes for the treatment or accommodation of a disability. This includes bathrooms and essential sanitary facilities. Grants are given to those who have medical documentation proving that home improvements are necessary for the veteran's well-being. A veteran can receive both a HISA and SAH or SHA grant. 


Service-connected veterans receive $4,100 for home improvements. Non-service-connected veterans receive $1,200.

Applying for VA Grants

Veterans seeking financial assistance from the VA may complete a 26-4555 VA form for an SAH or SHA grant and submit it to their local VA center. You may also apply for a HISA grant by filling out the 10-0103 VA form. Learn more about your HISA options online today.

U.S. Department of Urban Housing and Development, The Community Development Block Grant (CDBG)

The Community Development Block Grant provides communities access to a wide range of resources for development needs. The program gives annual grants on a formula basis to 1,209 general units of local governments and states. 

Area Agencies on Aging

Area Agencies on Aging offer home modification services depending on where the individual in need resides. The cost may be reasonable or free of charge. Local businesses and contractors may be used to complete the job.

State Assistive Technology (AT) Projects

Some states have their own home modification programs. Trial equipment and low interest loans may be granted for assistive technology or home modifications for disabled individuals.

Medicaid-, Home-, and Community-Based Services

States may provide services to consumers through a waiver program. The number of services aren't limited. These programs vary - from medical services such as nursing or dental care - to non-medical services such as environment modifications. Family or friends can provide of these services, but they usually aren’t paid providers.

Foundations and Organizations

Non-profit and private organizations can provide home modification services. Other organizations such as the MS Society focus on specific illnesses. Groups like Operation Ramp It Up help certain individuals like veterans.

Reverse Mortgages

Homeowners over the age of 62 may be eligible for a reverse mortgage that provides funds for home modifications. If you are looking into a reverse mortgage, visit the National Reverse Mortgage Lenders Association (NRMLA) or AARP Reverse Mortgages.

Tax Deductions

You may file for a medical expense tax reduction if you pay for your own home modifications. Refer to the IRS for additional information.

Housing and Urban Development

The U.S. Department of Housing and Urban Development (HUD) works with local community services to aid homeless veterans. HUD also provides many resources for the elderly looking for permanent living arrangements. Counselors are ready to help answer any questions or concerns.

Home Modifications With Insurance Coverage

Some automotive insurance plans, medical trust funds, and worker’s compensation policies cover home modifications. Some of these policies allow home modifications if it means preventing a person from relying on an assisted living facility (ALF) or nursing home.

Benefits Checkup

The National Council of Aging’s benefit check website has over 2,500 programs you can look over for your local area. These programs save you money on things like prescriptions, health care, food, etc.

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