Reverse Mortgage Home Loans

Unlock the equity in your home and enjoy a more comfortable retirement. A Reverse Mortgage could be the key to financial freedom without selling your cherished family home.

What is a Reverse Mortgage?

A Reverse Mortgage is a loan for seniors that allows you to access the equity in your home without having to sell it. You can borrow money against the value of your home, and you don’t have to make regular repayments. The loan is repaid when you sell your home, move into aged care, or pass away.

Assured Home Loans can give you access to a Reverse Mortgage Home Loan. Reverse mortgages are relatively new in the home loan market and were brought about to assist elderly borrowers in a number of ways.

For a reverse mortgage, the lender will calculate the equity in your family home and will lend up to 30% of the property value. For example, if a property is worth $300,000, up to $90,000.00 of the equity may be used, less any amounts currently owing.

The lender will lend funds with no set minimum monthly repayments required. Interest is simply capitalised to a set limit and the lender will recoup the outstanding funds on either the death of the borrower/s or if the security property is sold.

Types of Personal Loans We Offer

Stay in Your Home

You don’t have to sell your home or downsize in order to subsidise retirement.

Boat & Jetski Loans

Looking to purchase that dream boat or jetski? You’ve come to the right place.

Financial Freedom

Use the equity in your home for almost anything to help you get a stress-free retirement.

Flexibility

Reverse mortgages are flexible. You can choose to receive the funds as a lump sum, a regular income stream, or a line of credit.

Find Out if a Reverse Mortgage is Right for You

Our experienced team can help you understand the pros and cons of a reverse mortgage and determine if it’s the right choice for your financial situation.