Reverse Mortgage Loans

What are Reverse Mortgage Loans?

If you an Australian citizen over 60 years of age you can apply for a reverse mortgage loan. Reverse mortgage loans can assist for many things and you do not need to sell your home – even the title stays in your name.

Main Benefits of reverse mortage

  • Borrow upto 55% of the house value
  • Property title is still yours
  • No more repayments on the loan till you live

You can use your reverse mortgage for the following points and more :

  • Home renovations
  • Cost involved in upgrading and selling your home
  • Bond or deposit for age care facilities
  • Debts consolidations
  • Lifestyle and holidays
  • Health or other emergencies

Call one of our friendly brokers or email us and we will come down and visit you to discuss more.

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