A Reverse Mortgage Loan is designed to provide funds to people 60 and over by unlocking some of their home equity. With a reverse mortgage loan, you can continue to live in and own your home for a more comfortable retirement. Reverse Mortgage Loan Usage Debt Consolidation — Allows you to unlock some equity in … Continued
Read more
If you’re considering a reverse mortgage, it pays to know which is a myth and a fact. Here are 7 most common myths on reverse mortgage. Reverse Mortgage comes with varied notions and opinions. From the financial product met with hostility, to it being seen as a solution to a problem, particularly to elevate a … Continued
Read more
Reverse mortgage and home reversion are two equity release options seniors can consider when transitioning into retirement. Here are their similarities and differences. Although downsizing can be a good option for seniors when transitioning into retirement, knowing about various forms of equity release can also be beneficial. Another option that comes up and sometimes gets … Continued
Read more
As seniors live longer, the number of Australians aged between 65 and 84 is likely to more than double, according to ASIC. An extension of one’s retirement life corresponds to a more reliable source of income and how it can be utilised. It’s probable to see an increase in demand for seniors equity loan products. … Continued
Read more