Reverse Mortgage in New South Wales (NSW)
How Does a Reverse Mortgage in New South Wales (NSW) Work?
A reverse mortgage in New South Wales (NSW) can benefit retirees in several ways. It’s a financial tool available for senior homeowners to convert their locked away home equity into funds for retirement.
For many Australian seniors, their greatest financial asset is their home, which holds the majority of their wealth from years of sacrifice and savings. The trouble with this is finding a suitable way to access this wealth safely and securely, without selling and losing their home.
Government Protections for NSW Seniors
With a reverse mortgage as a financial tool, senior Australians have access to it to fulfill requirements and objectives in their retirement. Unlike other loans, a reverse mortgage comes with Government protections and doesn’t require mandatory repayments. However, if you want to, you can voluntarily pay it off without penalty.
Options for released funds include Lump Sums, Line of Credit as well as a stream of Regular Instalments. Aside from helping to improve your retirement income cash flow, reverse mortgages can be beneficial in many ways.
NSW reverse mortgage as part of your contingency plan
Unexpected costs are likely to pop up at any time. You could experience medical problems that require long-term care. Or, you may want to become the Bank of Mum and Dad and help your children who need financial support.
In these situations, having access to funds through a reverse mortgage in New South Wales can make it easier. A NSW reverse mortgage can help cover these expenses and then some, such as Debt Consolidation, Home Improvements, and Vehicle Finance.
A.S.A.G. is a dedicated team that strives to assist our Australian retirees to strategically use the equity within their home so they can enjoy the retirement that they desire. We deal with our customers with care and diligence to ensure they have all the tools to make the best decision possible.
A.S.A.G. Reverse Mortgage is designed to provide personalised and considerate customer service in our effort to help you unlock what you’ve earned to live a comfortable and secure retirement. Contact us today via phone on 1300 002 724 or send an email to firstname.lastname@example.org to learn more.
What People Say About Us
I have been absolutely thrilled with not just the professional service offered by ASAG but also by their kindness and understanding. Compared to two other major Reverse Mortgage companies who between them took 13 months to decline my application due to me living in a resort I have found Gavin Luka at ASAG extraordinary in his patience with any amount of questions which were answered so promptly and in full. A very happy life ahead.
Kathy on Trustpilot
22 Mar 2022
We are very happy to “highly recommend” Gavin Luka for providing his thoughtful, empathetic, personable yet professional service during the acquisition of loan process. Gavin’s ability to ‘make it happen’ in a calm, seamless manner at a very stressful time for us – meant a lot.
Thankyou Gavin, what a ‘star’. Blessings to you
ASAG are very fortunate to have you on their team. Well done.
Carol Fleming on Trustpilot
9 Mar 2022
This was a very pleasant experience. Plenty of guidance given along the way. Some anxiety but now looking back nothing to be concerned about. Thank you Gavin and his team.
Sandra Phillips on Trustpilot
7 Mar 2022
dealing with paul and gavin was extremely easy and also very pleasureable. if taking out a reverse mortgage i would reccomend asag to anyone.
Bob Manskie Manskie on Trustpilot
7 Mar 2022
I have used this company very recently and especially Gavin.He was so helpful in every way and talked me through everything that I needed to do.He was so polite , understanding and gentle with this gal as I was sick at the time but he just explained it all step by step and made the whole procedure as painless as possible though it wasn’t as easy a procedure as I’d hoped.They always answered the phone promptly and if Gavin wasn’t immediately available he’d always ring back very promptly.I can assure you this company is so easy to deal with.
Heather on Trustpilot
7 Mar 2022