Reverse Mortgage in Western Australia (WA)
Releasing equity in Western Australia (WA) through a reverse mortgage
A reverse mortgage in Western Australia (WA) is a customised financial tool available for Australian seniors in WA.
It is an equity release facility where you could unlock some of the built up wealth in your home to finance your objectives in retirement without losing ownership of the property.
Staying true to its purpose as a financial support for seniors, you’re not required to make loan repayments to settle a reverse mortgage. The loan is paid off in the future when you decide to sell your house. However, you are at liberty to make early repayments at any time without penalty.
Customer protection with the A.S.A.G. Reverse Mortgage in WA
At ASAG, we make sure that our senior customers can access the equity in their home in a safe manner. With the A.S.A.G. Reverse Mortgage, we can provide you with an equity release product that’s regulated by the government and comes with customer protection, such as Lifetime Occupancy, No Negative Equity Guarantee, and Equity Protection Option.
ASAG’s financial solutions also facilitate unlocking only what you need. To manage access to your home equity, we give you these drawdown options that can be used in combination:
Lump Sum Advance
This option allows you to immediately receive a starting balance or amount on settlement. You may also shift gears in receiving future funds either through Regular Instalments or a Cash Reserve / Line of Credit.
Regular Instalments
This is great for maintaining a steady flow of income in your retirement. These are paid either monthly, quarterly, or annually for as long as you live in the home, or in the selected number of years to receive payments.
Cash Reserve / Line of Credit
It serves as your safety net as it enables you to set aside some cash to meet unplanned financial needs.
Most seniors use the funds from the A.S.A.G. Reverse Mortgage for various purposes, such as home renovations, car upgrades, paying off debt, medical expenses, taking a holiday, moving to a retirement facility, or just to maintain a steady income stream.
Contact A.S.A.G. for your funding needs in Western Australia (WA)
A.S.A.G. is the place to turn to for our senior customers in WA who are looking for funds. Our reverse mortgages can be a great financial support alternative for Australian seniors who otherwise just rely on government pension, superannuation, and small savings for their retirement needs.
To learn more, talk to us now on 1300 002 724, or send your enquiries at info@asagfirst.com.au. Our team will assist you through our process to determine if a reverse mortgage is the right financial solution for you.
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