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Reverse Mortgages
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 What is a Reverse Mortgage
Please read
the following exert
from
the Australian Securities and Investment Commission's (ASIC)
FIDO website below. Click the link and read their full article
before you consider a reverse mortgage. We feel this article
will help you understand the benefits and pitfalls of reverse
mortgages.
After
reading this article on and you feel you can benefit from a
reverse mortgage please contact us and we can help you find
finance from multiple lenders that offer reverse
mortgages to those over 60 years of age.
We
have a
reverse mortgage calculator online or you can download the
reverse mortgage calculator from the FIDO website
here.
If
you would like to enquire about a reverse mortgage you can fill
out an online form
here or
contact us on 1300 726 136
Reverse
Mortgage Article
"Reverse mortgages allow you to borrow cash against the value of
your home. You usually don’t have to make regular repayments
until you leave and move into care, sell your home or die. When
the loan ends you, or your estate, must repay what's owing,
usually out of the proceeds of the sale of your home."
You can access the rest of this article by clicking this link
For more information about
applying for a reverse mortgage
contact us , fill in an
online form or call 1300 726
136
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