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Our lenders have a variety of Reverse Mortgage (Equity Release)
products, which enable us to provide you with more options and
choices than any single lender.
We work for you, we visit you where you want, when you want
and we can often arrange your loan through your current bank.
As with all our products and services, the lenders pay us,
so that all the work we do for you is FREE of charge from us.
The most common of these products is the Lifetime Mortgage.
This type of loan is usually secured with a first mortgage on
your property, but unlike a traditional mortgage, no repayments
are due until all borrowers permanently vacate the property.
Over the last few years these loans have become very flexible,
and many people are surprised by the options available.
We are proud to say that all reverse mortgage products brokered
by us are through SEQUAL members. SEQUAL is the Senior Australains
Equity Release Association of Lenders. More information on SEQUAL
can be found on their website
Senior Australains
Equity Release Association of Lenders
Typically, funds released by a Lifetime Mortgage are used as
follows:
- Treating yourself, such as with a holiday or new car
- To avoid becoming a financial burden on your family
- Supporting the kids or grandkids
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