Seniors Equity Finance

What is a Reverse Mortgage?

We see a reverse mortgage as a home loan that has been designed for the needs of seniors.


It allows people aged 60 and over to use the equity in their home. No regular repayments are required – the debt is repaid from the future sale of the property.

Importantly, you continue to own and live in your home for as long as you wish, continuing to enjoy the benefits of your community, social network, and family memories. You also benefit from any potential increase in the property value.

How Are Costs Calculated?

Reverse mortgage interest is calculated on the balance outstanding, and added monthly to your loan.

Voluntary repayments can be made at any time, which reduces the balance and interest charged.

At the end of the term of your loan, when you move permanently from your home, the total interest charged, together with the amounts drawn, will be payable.

Fees are the setup costs for the loan.

If your loan is under $2 million: 

No Upfront Fees

No Valuation Cost

No Establishment Fee

Australian Government Guarantee.

What Do You Need To Apply?

Rates Notice

A recent rates notice for your property.

Centrelink Statement

Proof that you are indeed a senior!

Loan Purpose

Most recent statements of any debts/loans to be repaid at settlement.


A cope of your home insurance policy. 

Seniors Equity Release Query
Do You Prefer Phone Or Email Contact?
  • Google Places Social Icon
  • Instagram
  • Facebook Social Icon
  • LinkedIn Social Icon
  • YouTube Social  Icon

Level 1, 50 York St, Sydney NSW 2000, Australia

'AAA’ Mortgages - Opening Doors Since 1988.

Australian Credit Licence Representative 528034

ABN: 75 633 787 998

MFAA Full Member

Australian Financial Services Licence: 238 256