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Reverse Mortgage
Reverse Mortgage is a special type of loan that allows you to access the equity you’ve built up in your home. These loans are also referred to as reverse mortgages.
If you’re over 60 and own your home, you may wish to consider our Reverse Mortgage Loan as an option for managing your finances. It allows you the freedom and independence to access funds while continuing to live in your own home.
At a Glance
- Use the money for any personal or investment purpose you wish
- Title remains in the home owner's name
- Money can be received in a lump sum, monthly payments, cash reserve or both
- You are not required to live in the home
- No repayments required until title is transferred
- Protection available if you wish to leave an inheritance
- Independent legal advice required
- Our no negative equity pledge means if the sale value of your property does not cover the outstanding loan balance we will not ask you or your estate to make up the difference
- Choice of variable and fixed interest rate options
Call us on 9887 9999
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