REVERSE MORTGAGE SPECIALISTS · VICTORIA

2,000s

Senior Australians guided

Years specialising in reverse mortgages

20+ 

Lenders compared for you

All Aus.

Reverse Mortgages Advice You Can Trust

We help homeowners access the equity in their home through a reverse mortgage. We compare lenders and solutions to find the right option for your circumstances, backed by more than 23 years of specialist experience.

23+ 

Years specialising in reverse mortgages

2,000+

Senior Australians guided

All Aus.

Lenders compared for you

Est 2003

Trusted reverse mortgage advice

23+ 

Years of  in reverse mortgages.

2,000s

Senior Australians guided

All Aus.

Lenders compared for you

Est 2003

Trusted reverse mortgage advice

A word from our founder

Welcome, and thank you for taking the time to learn more about reverse mortgages

Our aim is to provide you with experience, knowledge and practical advice so you can make informed decisions about your retirement and financial future.

Paul Dwyer
Founder

30+ years in retirement lending

Accredited and locally based in Victoria.

or call 03 9563 3442

23+ years in retirement lending

Accredited and locally based in Victoria.

Are you looking for experience, knowledge and practical reverse mortgage advice?

You will gain knowledge of the regulatory protections for borrowers, the structural options for reverse mortgages, and the interface with other retirement issues, such as age pension, in-home care, residential aged care and Wills/Estate planning matters.

A reverse mortgage is a home loan, as described in both Stages 1 and 2 of the National Consumer Credit Protection Bill. The loan requires no regular repayments during the term of the loan. Mandatory repayments occur when the last remaining borrower no longer lives in the property, typically from sale of property, deceased estate, or moving to alternate accommodation.

Eligible homeowners aged 55 and over can access some of the equity in their home, without selling or moving out. You stay in the home you love, with greater flexibility to live on your own terms.

How a Reverse Mortgage works

A reverse mortgage in plain English

A reverse mortgage is a home loan, as described in both Stages 1 and 2 of the National Consumer Credit Protection Bill. The loan requires no regular repayments during the term of the loan. The loan is repaid when the last borrower permanently leaves the property, from the sale of the property, deceased estate, or an alternative accomodation.


Eligible homeowners aged 55 and over can access some of the equity in their homes, without selling or moving out. You stay in the home you love, with greater flexibility to live on your own terms.

Four Ways we help senior homeowners

No call centre and no one-size-fits-all approach. Paul or one of his specialist advisers will come to you (within the Greater Melbourne region), meeting face-to-face in your own home to find the right path forward, or to tell you honestly if a reverse mortgage isn't it.

What is a reverse mortgage?

Access the equity in your home as a lump sum, regular income stream, line of credit, or any combination. The amount depends on your age and property value.

Best for:

  • Boosting your cash flow in retirement
  • Meeting cost of Living increases
  • Travel 
  • Gifting
  • Purchase of car/caravan
  • Repairs and maintenance to your home

How can refinancing help you?

If you're retired and still managing a home loan, refinancing into a reverse mortgage can relieve that burden, removing regular repayments and freeing up your cash flow.

Best for:

  • Retirees with an existing mortgage
  • Reducing pressure on a fixed income
  • Removing the stress of repayments

How does a loan facility work for existing borrowers?

Set up a line of credit and draw funds only as you need them. This means money is on hand whenever life calls for it, including future or unexpected costs.

Best for:

  • Covering future or unexpected costs
  • Drawing funds at your own pace
  • Reassurance of being able to cover unexpected costs

Can a reverse mortgage cover a purchase shortfall?

A reverse mortgage can be used to fund any shortfall involved in a property purchase and is based on the credit limit policies that may apply for an already owned property.

Best for:

  • Covering a shortfall on a property purchase
  • Moving to a home that better suits your retirement
  • Making up the difference without taking on regular repayments

Real clients, real outcomes

Stories from homeowners like you

I no longer wake up in the middle of the night, worrying how I can pay the bills on the kitchen table.
Edna - Peace of mind · bills managed · home retained
Your aged care loan now allows Mum to keep her home, and my sister and myself will be able to keep it in the family
Denise and Helen - Mum keeps her home · family estate preserved
Your guidance in planning our future was invaluable, especially around Centrelink.
Michael and Sue - Pension optimised · Centrelink clarity · future planned
Your information about the four costs of aged care has allayed Mary's concerns about being able to pay for care.
Steve and Mary - Verified Customer

INDICATIVE ESTIMATE

Reverse Mortgage Calculator

How much could you access?

A quick, no-obligation estimate based on your age and property value, so you can explore your options before committing to a conversation. It's a starting point, not a final answer. Paul is always happy to walk you through the full picture in person.

INDICATIVE ESTIMATE

How Much Could

You Access?

A quick, no-obligation estimate based on your age and property value, so you can explore your options before committing to a conversation. It's a starting point, not a final answer.

Reverse Mortgage Calculator

See what your home could give back

Answer three quick questions to get an indicative estimate of the maximum you could access through a reverse mortgage.

63
55 95
$1,250,000
$200k $3M+

Used to confirm lender eligibility for your area. It doesn't affect the estimate below.

Indicative maximum lending capacity

$287,500

23% of property value

Book a Free Consultation

No obligation. A 15-minute call, at a time that suits you.

Amounts shown are indicative only and subject to individual needs, postcode, and property type. Actual borrowing capacity is determined by individual lender policy and a full assessment of your circumstances. This is a general estimate, not a loan offer or financial advice. Reverse Mortgages Victoria is bound by the No Negative Equity Guarantee and best interest duty obligations under the NCCP Act. Credit Licence.

A number on a screen only tells you so much

The right answer depends on your pension, your family, and your plans for the years ahead. Sit down with Paul in your own home and get the full picture.

Over two decades of advising senior Australians. Referred by bank staff, brokers and other professionals who know who to trust

Paul Dwyer - Founder
Paul Dwyer - Founder
Paul Dwyer - Founder

Since 2002, Paul has helped more than 2,000 Australians use their home equity to support their retirement goals.


With more than 23 years of reverse mortgage experience, Paul and his team provide personal, straightforward advice without the call-centre approach of many lenders and brokers.

Read Paul's Full Story
Jacci Bristow - Broker
Jacci Bristow - Broker
Jacci Bristow - Broker

Jacci is a Reverse Mortgage Broker with Reverse Mortgages Victoria, helping older Australians understand how they can safely access the equity they’ve built in their homes. With a warm, down-to-earth approach, she takes the time to understand each client’s circumstances, goals and what matters most to them and their family.

Read Jacci's Full Story

Since 2002, Paul Dwyer has helped more than 2,000 Australians use their home equity to support their retirement goals.


With more than 23 years of reverse mortgage experience, Paul and his team provide personal, straightforward advice without the call-centre approach of many lenders and brokers.


  • 23+ years specialising in reverse mortgages
  • More than 2,000 borrowers assisted
  • Face-to-face appointments in the comfort of your own home across Greater Melbourne
  • Advice tailored to your retirement goals, lifestyle and financial position
  • Consideration of your family, future care needs and long-term plans
  • Clear, reliable advice focused on finding the right solution for you


It’s a personal approach designed to make what can feel like a complex financial decision simpler, clearer and more comfortable.

Week 1 & 2

We review your full picture

We look beyond the loan, considering your age pension, future care needs and long-term goals, to make sure any solution is genuinely right for you.

2

Week 2

We compare lenders for you

As a specialist broker in reverse mortgages we search across all available products to find the option that best fits your circumstances.

3

A no-obligation conversation 

You may choose to phone us to discuss your scenario or email your comments with additional information

Week 1

Week 2

How we work together

A clear, unhurried process from first conversation to settlement, and well beyond.

Week 1

A no-obligation conversation

You may choose to phone us to discuss your scenario or email your comments with additional information.

Week 1 & 2

We review your full picture

We look beyond the loan, considering your age pension, future care needs and long-term goals, to make sure any solution is genuinely right for you.

Week 2

We compare lenders for you

As a specialist broker in reverse mortgages we search across all available products to find the option that best fits your circumstances.

Week 3 & 4

Settlement, and beyond

We manage the paperwork and liaise with your chosen lender, and we're available whenever you need us after settlement, should your circumstances change.

A reverse mortgage is a home loan, as described in both Stages 1 and 2 of the National Consumer Credit Protection Bill. The loan requires no regular repayments during the term of the loan. Mandatory repayments occur when the last remaining borrower no longer lives in the property, typically from sale of property, deceased estate, or moving to alternate accommodation.

Eligible homeowners aged 55 and over can access some of the equity in their home, without selling or moving out. You stay in the home you love, with greater flexibility to live on your own terms.

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A practical, plain English guide to reverse mortgages in Australia.

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The questions senior Australians ask us most

  • Do I still own my home?

    Yes. You remain on the title throughout the life of the loan. A reverse mortgage does not transfer ownership.

  • Will it affect my Age Pension?

    In most cases it won't, but it depends on your circumstances. Paul has specialist knowledge of the Social Security Act and can guide you, although Centrelink makes the final determination.

  • How much can I borrow?

    It depends on your age and property value. As a guide, at age 70 you may be able to borrow up to 30% of your home's value.

  • What happens to the loan when I'm no longer in the home?

    It's repaid when the last borrower permanently leaves, typically through the sale of the home. You'll never owe more than the value of your home, thanks to consumer protections in place since 2012.

  • What's the minimum age to qualify?

    You generally need to be aged 55 or over to access a reverse mortgage.

Can’t find the answer you’re looking for?

Ready to talk it through, in your own home?

No call centre and no pressure. Paul or one of his specialist advisers will come to you across the Greater Melbourne region, or you are welcome to phone or email first if you would prefer. Either way, you will get an honest answer on whether a reverse mortgage is right for you.