Read each customer scenario and identify a loan product or products to meet the customer's financial needs. Explain your product choices.

Jim and Elaine are retirees. They still live in their first home, which they purchased 40 years ago and paid off the mortgage 10 years ago. Their living expenses have been gradually increasing, especially their health care costs and property taxes. They would like to have additional monthly income to supplement Jim's pension and Social Security to pay all the bills