Your Product Safeguards
Australian Seniors Advantage Group Safeguards
We acknowledge the trust you put in A.S.A.G. as we facilitate your equity release. We pride ourselves on our ability to assist you plan your retirement years and doing so safely and securely.
For your reassurance, and as necessary to meet our obligations to you there are a few requirements that we will require from you throughout the application process. This is to ensure that we can deliver to you our products with your protection and interests long term.
Who is an A.S.A.G. Cash Reserve Good For?
A Cash Reserve is good for those who desire financial independence while staying in your own home for the rest of your life. Does that sound like you?
No Negative Equity Guarantee
You cannot go into debt beyond the value of the net sale proceeds of your home. The risk of your property’s decline in value, beyond the value of your equity release, is in fact transferred to the lender, not to you (as long as you meet your property maintenance, insurance and rates responsibilities).
A.S.A.G. Equity Protection Option
Under the Equity Protection Option, you may choose to protect up to 50% of the eventual net proceeds from the property sale. The protected equity returned on the sale of the residence is based on the percentage selected in the Equity Protection Option and is your guaranteed percentage return at the time of the loan repayment.
Lifetime Occupancy
You remain the property title holder and can remain in your property and community until you either leave the property or pass away.
No Required Regular Repayments
There is no requirement for you to make any repayments on your loan until the end of the loan.
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