Reverse Mortgage in South Australia (SA)
A reverse mortgage for older people in South Australia (SA)
Older people in South Australia (SA) now have an option for accessing their home equity safely, and in control with an A.S.A.G. Reverse Mortgage.
Many (about 95%) of South Australians aged over 65 are independently living at home, while one in four seniors aged 85 and over are living in aged care. At ASAG, we recognise that Australians experience ageing in different ways. Everyone has a diverse set of needs, priorities, and expectations as they start planning or are already enjoying their retirement.
For many Australian seniors, traditional retirement income streams being the Government Aged Pension, Superannuation, and any personal savings prove to be inadequate to fulfill a retirement that brings comfort in today and confidence in tomorrow.
However, behind a nation of natural home builders, shows our true wealth. About 67% of Australian seniors own their own home. Nationally, by OECD countries, Australian seniors are actually the wealthiest in the world. It’s not the money that’s the problem, it’s just access to it.
There’s a way to unlock this wealth in your home so that the equity can be utilised in retirement. Of which comes under a Government-regulated product for senior transparency and protection. A.S.A.G. is an Australian company, here for Australian seniors. ASAG’s Equity Release is a readily accessible platform providing equity release to our senior customers down under, including South Australia. With a reverse mortgage, seniors in SA have a chance for a home equity release solution tailored for their changing needs as they approach retirement.
A.S.A.G. Reverse Mortgage in SA
If you’re a senior and a homeowner in South Australia, the A.S.A.G. Reverse Mortgage allows you to access the value in your residential property without having to sell it or losing ownership. The funds from our equity release facility can be used for various acceptable purposes while you enjoy your retirement. Whether it be for daily living costs, home renovations, a car upgrade, aged care, holidays, debt consolidation, or senior refinancing.
At ASAG, we give you the flexibility to draw down your funds, which can be in combination of Lump Sum, Regular Instalments, or Cash Reserve. These options provide you with customised financing while you manage access to your home equity.
There are no ongoing payments with our reverse mortgage as the loan is fully paid off when you move out of the house: either you decide to sell it, move to aged care, or pass away. However, you may choose to make early repayments without penalty. A.S.A.G. Reverse Mortgage also provides government-regulated protections in South Australia such as ‘Lifetime Occupancy’ and the ‘No Negative Equity Guarantee’ that ensures you won’t owe more than your home’s worth.
A.S.A.G. is here to help our senior customers in South Australia
We pride ourselves in our aim to assist our senior customers through each phase of their A.S.A.G. experience. Call now on 1300 002 724 or email us at info@asagfirst.com.au so our team can fully understand your needs and give you the suitable financial solution that fits your lifestyle in retirement.
You can always start with your own assessment using our free A.S.A.G. Reverse Mortgage Calculator to know what your available equity is in South Australia.
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
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 extremely easy
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