If you are interested in finding out more information to decide if a Reverse Mortgage maybe the product for you, please read on and let me know how I can best help YOU!
IF YOU WANT THE FINANCIAL FREEDOM TO SPEND YOUR RETIREMENT HOW YOU CHOOSE, WITH INDEPENDENCE AND DIGNITY YOU SHOULD TALK TO US
A Reverse Mortgage will allow you to borrow against the equity in your home without having to sell it - releasing funds for a well-earned and comfortable retirement.
Home equity release is a new idea for
some, so if you need more information, please remember we are only a phone call
away to answer any of your questions simply call us on 0418 369 367.
At Lend wRight Brokerage, we pride ourselves on being the reverse mortgage specialist that helps keep you living in your own home.
Many seniors are now living in homes that hold much of their wealth. By accessing some of this wealth without having to move, you can do the things you need, or have always wanted to do.
Who can apply?
Anyone aged 60 or over who owns their own home can apply for a Reverse Mortgage. T&C apply.
What is a Reverse Mortgage?
The Reverse Mortgage enables you to use some of the money tied up in your home without having to sell it. You do that by taking out a loan secured against your home. The total loan amount, including accumulated interest, is usually repayable when you move permanently from your home; this could occur when you sell your property, move into long-term care or pass away.
You continue to own and live in your home for as long as you wish, benefiting from any potential increase in property values. Making regular repayments is not necessary, although you are free to do so at any time.
What can I do with the money?
A Reverse Mortgage is yours for you to do whatever you choose. Many people use the funds to fund home repairs or improvements, travel to visit family members, pay for medical procedures, upgrade to a more reliable car or a host of other uses to make life easier and more comfortable.
The Reverse Mortgage is designed primarily to release funds to improve your quality of life. You should review carefully any proposal that involves borrowing to invest, and we strongly recommend you discuss any such proposal with a lawyer or financial adviser and your family. You should contact Centrelink to discuss any impact borrowing to invest may have on your pension or other government entitlements.