Own your home? Live on the Pension? Asset rich and cash poor? Thinking of downsizing or renovating, buying a new car or taking a cruise?
A Reverse Mortgage may be just for you! Access a percentage of the equity in your home to do all the things you want. There are no repayments – interest is added to the loan until you leave the home permanently by going into full time care, selling or passing away.
You make greater capital gains on the higher value of your current property while the loan goes up at a slower pace giving you continued equity increase. You also save the sales commission on selling and stamp duty on a new purchase.
Get rid of a current mortgage and credit card debt, pay for medical bills and let go of worry. A weight will lift from your shoulders so you can fully live. Have a fulfilling and happy retirement however you want it to be.
Call The Seniors Loan Specialist on 02 9653 2034 for your free Information Magazine.