Reverse Mortgage - What Does It Mean?

There is so much varied information about this new product, the reverse mortgage/home equity release loan, which has recently become available in the Australian mortgage market.

There have been instances where mortgage brokers have taken advantage of retirees and their vulnerability at this milestone in their lives, which unfortunately has confused the general perception of what reverse mortgage is all about and...

is it really legitimate?

Is a Reverse Mortgage Suitable For You?

Time of retirement is difficult enough with all the decisions that need to be made for a comfortable and secure future.

The reverse mortgage CAN give retirees the security that they have only ever dreamt of, and given the correct information by dealing with Financial Concepts Australia you will understand exactly how these loans work and what they really mean for you.

Getting The Right Information Is Imperative With Reverse Mortgage

FCA is one of the few loan specialists who has been chosen to represent one of the largest lenders of reverse mortgages in Australia.

Extensive education has been completed by our loan consultants, so that you can be given all the confidence you should have when discussing some of your most important financial decisions you have ever been faced with.

Secure Your Future With A Reverse Mortgage And Enjoy Retirement

It is wonderful to know that the average life span of men and women in this country has increased dramatically in the past 50 years.

However, what does this mean when we consider our retirement funds?

You now need to provide for yourself for maybe 10 or 20 years rather than approximately 5 years.

With reverse mortgage you can enjoy your retirement.

Keep Your Pension

With the reverse mortgage, we can show you how these extra funds will not effect your pension benefits, and still leave a healthy inheritance for your children.

It is so important that you know your options at this exciting stage of your life, and make INFORMED decisions with people you can trust.

Call one of our expert consultants today on 1300 797 595 or send us an e-mail to explore how a reverse mortgage can work for you.

Case Study

Judy is 67 years old and recently widowed. The house she has lived in for the past 30 years is worth $380,000 and has no mortgage. Even though she is receiving the Aged Pension benefit, she wants to have a long earned trip overseas to visit her son and also to update her kitchen once she returns.

Using a reverse mortgage/home equity release loan, and being 67 years old, Judy is able to access $83,000 for these purposes. She doesn't have to repay the loan as the interest is added to the loan every year.

Also, by discussing with her accountant and talking to Centrelink, her Aged Pension payments are not effected.

With Reverse Mortgage
Your Retirement Can Be Stress Free
Call Us on 1300 797 595 To Find Out How

or enquire about Reverse Mortgage online

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