Home Improvements: Make your home fit for purpose
Use an A.S.A.G. Reverse Mortgage for your home improvements, repairs, and renovations.
A.S.A.G. is aware that Australian seniors are wanting a solution that allows them to stay in their home for as long as possible. As such, it’s important to ensure that their home is fit for purpose to allow for ageing in place. Borrowers who acquire an A.S.A.G. Reverse Mortgage for home renovations can use the funds to future proof their home, protect its value, and improve the overall wellbeing of the people living in it.
Important home improvements
Delaying home repairs and maintenance longer can result in a higher risk of irreparable damage to your property. This can reduce its value along with the quality of your retirement.
Moreover, there may be important health and medical reasons why specific home improvements are needed. The following may be included:
- installing rails, bars, and other safeguards to prevent falls,
- Installing wheelchair ramps and extending entrances to allow wheelchair access,
- installing a stair lift to help in mobility,
- rearranging the kitchen to allow easier, safer access, and
- repairing cracked pavement or concrete around the house to prevent falls.
Improve your property with an A.S.A.G. Reverse Mortgage
Searching for funds for property-related costs can be challenging especially when you’ve got more urgent expenses, like food, utilities, and bills to pay off first.
A reverse mortgage benefits senior homeowners who are usually not qualified for a traditional mortgage or personal loan due to age and income. For the others who are qualified, paying it back from superannuation or the aged pension can cause additional stress.
That’s where A.S.A.G. can help. Our customers have used a reverse mortgage to make improvements and renovations to their homes.
One of the many benefits of the A.S.A.G. Reverse Mortgage is that making regular loan repayments are not required. However, repayments can be made voluntarily at any time, which reduces the balance and interest charged.
The interest, which is calculated on the balance outstanding, is added to your loan each month. The total interest charged, along with the amounts drawn, will be payable at the end of the term of your loan — when you move permanently from your home.
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