You may be investigating Reverse Mortgages on behalf of your parents, or for yourself or with your partner. If so, this guide is designed to present some practical considerations to assist you in your research process. It is structured as a step by step guide, navigating you through a typical Reverse Mortgage decision process.
‘Equity Release’ is a term used to describe the release of wealth tied up in residential property. A Reverse Mortgage is a very specific form of Equity Release and is the most popular form of Equity Release for Seniors in Australia and in similar countries such as the UK, Canada and the USA.
Reverse Mortgages are now established as an important retirement planning solution, allowing Seniors to tap into a responsible portion of the wealth that has been created in their property, without selling it. This additional and accessible wealth has significant potential to support your financial security in retirement.
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DOWNLOAD THIS FREE GUIDE TO LEARN:
Understanding the Reverse Mortgage Solution
Why you would choose a Reverse Mortgage – all of the details of how it works and how you will be affected.
Choosing the best Reverse Mortgage structure and Lender
How would you like to receive the funds, the best interest rate structure and selecting the lender you are comfortable dealing with, who can offer you the most suitable product.
The Reverse Mortgage process: Application to Settlement
A step-by-step, detailed guide to the process – basically the six steps from Application to Settlement
THIS FREE REVERSE MORTGAGE GUIDE ALSO INCLUDES:
How aged care loan works
A List of Useful Contacts
A glossary to understand the industry jargon