As the new century approaches, the problem of aging society is confronting us. The housing market for elders is becoming a constituent of the housing market in China. It is an indisputable way that credit and insurance play roles in the process of promoting the elder's housing consumption. This paper introduces a different kind of credit-inverse mortgage, suitable for elders, and explores its characteristics and three main forms. For weak abilities of elders to resist risks, this paper also explores some insurance forms that can help elder housing consumers.