Unleash your
Retirement Finances
with a reverse mortgage loan
and keep your retirement dream alive
You are retired or planning your retirement
with one small problem – you still have a mortgage
Are you looking to alleviate your financial stress and improve your cash flow?
Is your lender trying to “move you on” with suggestions around selling and downsizing, and that doesn’t fit into your plans?
Speaking with one of our retirement specialists will give you all the options of Seniors Equity Release.
Find out
if you qualify for a reverse mortgage
Depending on your circumstances, Seniors Equity Release can provide you either short term or long term options.
There are various forms of accessing equity, and this can be reliant on which State or Territory you live in.
Our calculator will provide you with sufficient information around future retained equity, so that you can effectively plan your future.
And when you look at all your options, it is important to consider “Downsizing” may lead to a reduction in age pension entitlements.
Let’s look at the following examples:
Brian and Anne are aged 72 and 69. Both retired 3 years ago and are 9 years into their 20 year home loan of $240,000. Their current interest rate is 4.31% and their monthly repayments are $1494.
They are receiving the full age pension of $37,341 and Brian is drawing down $14,000 per year from his superannuation.
This situation is not allowing them to live their retirement dreams after making their monthly repayments.
Seniors Equity Release removes their monthly loan commitment, effectively giving them another pension payment each month.
Neale and Andrea are 84 and 83. They have lived in their home for 35 years and do not want to leave.
Their existing Line of Credit with a major bank has reached its limit and they have received “suggestions” that they should downsize and pay off their loan.
Seniors Equity Release gives them the ability to pay off their lender and continue to live in their loved home.
Need more information?
Download our
free GUIDE
and then you can discuss your specific needs
with your advisor.
And when we are discussing how we can refinance your mortgage loan, ask us HOW we can also arrange $1,000 a month (or more) tax free extra ‘income’ for your retirement years . . . without affecting any pension entitlement!
