Great video here produced by our friends at Heartland that explains what reverse mortgages are, and how they work in Australia.
Recommend viewing for anyone over 60 who may need to release equity from their home to help fund retirement.
Regards, Marguerite
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I am 73 and own my own home it is 12yrs old I am a widow and living on a pension. My house is valued at $3003000 could I borrow $20,000 and pay the interest every month.
Hello Roseann Dale,
Their are solutions for you to do this. Contact us via one of the numbers on the website or complete the contact details on the contact us page and we will get back to you.
Raymond
Looking for reverse mortgage of around $50 k please
Looking for reverse mortgage of around $50 k please if possible
Hi Vincent, we should be able to help you with this, it just depends on the security property. I have sent you an email or alternatively can you please call me on 0438 184 785.