What is Seniors Equity Finance?
Following the Governments Negative Equity Pledge, seniors equity finance can be divided into two parts the first is when a senior wants to move to a retirement village or aged care facility and needs up to $850,000 for a refundable deposit to do so.
The easy fix is to sell your home, but now with the Governments pledge, it may be better for you to borrow the funds against your asset, get the care you want, but keep the family home.
The second part, is available to those of you who are still comfortable living at home but are asset rich and cash poor, you just need funds to continue your desired lifestyle including renovations, build a granny flat, purchase of new motor vehicles, travel or to consolidate debts.
How can AAA Seniors Equity Finance assist you?
We have a number of lenders in this particular field. Rates start at 5.99% for larger loans where applicants need a large deposit to get into retirement or nursing facilities.