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Reverse Mortgage
for Seniors:
Secure Your
Retirement Today

Unlock the Equity in Your Home and Live Comfortably in Retirement.

Our reverse mortgage solutions allow seniors to convert their home equity into cash, giving them financial freedom to enjoy their retirement without worrying about monthly repayments.

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What is a Reverse Mortgage?

A reverse mortgage is a type of loan designed to help seniors access the equity in their home to support their retirement. It allows homeowners 55 and over to unlock a portion of their home’s value without needing to sell their property or make regular monthly payments.

With a reverse mortgage, you can continue living in your home for as long as you want. You will remain the owner of your property, and your loan is only repaid when you sell the home, move out, or pass away.

Key Features of a Reverse Mortgage:

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Access Home Equity:

Convert the equity in your home into funds to cover your retirement needs—whether it’s a lump sum, regular income, or a line of credit.

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No Monthly Payments:

You don’t need to make monthly repayments during your lifetime. The loan is repaid when you leave your home.

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Stay in Your Home:

Enjoy the security of homeownership while accessing funds. You can live in your home for as long as you wish, benefiting from any potential increase in the value of the property.

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Interest and Fees:

Interest is charged on the loan, and it compounds over time. However, you don’t need to make any repayments until the loan comes due.

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Eligibility:

Reverse mortgages are available to Australians aged 55 and over who own their home. You can use the funds for any purpose—whether it’s covering living expenses, healthcare, home modifications, travel, or even gifting money to children or grandchildren to support them now rather than later.

How Does a Reverse Mortgage Work?

1

Eligibility

You must be over the age of 55 and own your home.

2

Loan Amount

The amount you can borrow depends on your age and the value of your home. Typically, the older you are, the more you can borrow. For example, if you’re 65, you could borrow 20-25% of your home’s value.

3

No Repayments

You are not required to make any repayments during your lifetime. The loan is repaid from the sale of your home when you move out or pass away.

4

Loan Growth

Interest is added to the loan balance and compounds over time, which means your debt will grow as time passes.

5

Repayment

The loan is repaid when you sell your home, move into aged care, or upon death, typically from the proceeds of the sale of your property.

Why Consider a
Reverse Mortgage?

  • Retirement Security:
    It can help you unlock funds to improve your retirement lifestyle.
  • No Impact on Current Living Situation:
    You keep ownership of your home and don’t need to leave it.
  • Flexible Options:
    You can access the funds as a lump sum, regular income, or line of credit, based on your personal needs.
  • Support Your Children:
    A reverse mortgage allows you to provide a financial gift to your children today, when they may need it most, rather than waiting for them to receive an inheritance later.
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About Us

At Reverse Mortgages NSW, we specialise in providing reverse mortgages for seniors across New South Wales,
helping you access your home equity and secure a comfortable retirement.

With over 20 years of experience, our team of trusted reverse mortgage brokers is dedicated to offering
personalised, transparent, and professional services to meet the unique financial needs of seniors.

Benefits of Our
Reverse Mortgage
Services

At Reverse Mortgages NSW, we help senior Australians make the most of their retirement through safe, flexible, and fully regulated reverse mortgage solutions — designed with your lifestyle in mind.

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Personalised Expert Guidance

Our experienced team of reverse mortgage brokers is here to support you every step of the way. We take the time to understand your unique financial situation and goals, offering clear, tailored advice to help you choose the best option for your needs.

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Unlock Your Home Equity Without Ongoing Repayments

Access a portion of the equity in your home as a lump sum or regular income, without the pressure of monthly repayments. Use the funds at your own pace, based on what suits your retirement lifestyle.

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Stay in Your Home, Maintain Ownership

You remain the full legal owner of your home — with the freedom to stay in it for as long as you choose. You’ll never be asked to move out or sell during the life of the loan.

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Peace of Mind with Full Legal Protection

Our reverse mortgage solutions are regulated under the National Consumer Credit Protection Act (NCCP), including the No Negative Equity Guarantee — ensuring you will never owe more than the value of your home.

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What Our Clients Say

Here’s what some of our happy clients have said about working with us

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Frequently Asked Questions

  • What is a reverse mortgage, and who is eligible for it?

    A reverse mortgage is a loan available to homeowners aged 55 and over, allowing them to access the equity in their home without needing to sell. Eligibility is typically based on age, property type, and location.

  • How does a reverse mortgage differ from a traditional mortgage?

    With a reverse mortgage, you don’t need to make regular repayments. The loan is repaid when you sell your home, move into care, or pass away. Traditional mortgages require monthly repayments throughout the loan term.

  • Will I still own my home if I take out a reverse mortgage?

    Yes. You remain the legal owner of your home, and you can live in it for as long as you like, as long as you meet the loan conditions.

  • How are reverse mortgages regulated in Australia?

    Reverse mortgages are regulated under the National Consumer Credit Protection Act (NCCP), which includes the No Negative Equity Guarantee — ensuring you’ll never owe more than the value of your home.

  • How much can I borrow with a reverse mortgage?

    The amount depends on your age and the value of your home. Generally, the older you are, the more you can borrow. For example, at age 55, you may access 15–20% of your home’s value.

  • Will a reverse mortgage affect my Centrelink pension?

    It may, depending on how you use the funds. We help clients understand the implications and ensure they remain informed about how their pension entitlements might be impacted.

  • Can I still leave equity for my children?

    Yes. While interest on the loan compounds over time, you may still have equity left to leave to your estate, depending on how much you borrow and how long the loan lasts.

Reverse Mortgage vs. Standard Mortgage: What’s the Difference?

Reverse Mortgage loans work differently from standard (traditional) home loans. Here’s how they compare:

Feature Reverse Mortgage Standard Mortgage
Repayments

No required monthly repayments; loan repaid when the home is sold or the borrower moves out.

Requires regular monthly repayments of principal and interest.

Loan Balance Over Time

Increases over time as interest compounds on the outstanding balance.

Decreases over time as repayments are made.

Ownership

You remain the owner of your home.

You remain the owner, but must meet repayment terms.

Interest Rate

Slightly higher than standard mortgages due to the nature of the loan and repayment delay.

Usually lower, with many competitive options.

Borrowing Limit

Based on age and home value — typically 15%–45% of property value.

Based on income, credit, and property value — can borrow up to 80% or more.

Negative Equity Protection

Yes – you can’t owe more than the value of your home.

No – property may be repossessed if repayments are not made.

Reverse Mortgages NSW
Your Trusted Reverse Mortgage Lenders

We will deliver a tailored reverse mortgage solution to comfortably finance your
retirement living and personal objectives.

We will ensure you get the most suited reverse mortgage solution from
trusted reverse mortgage lenders in NSW, meeting your unique
situation every time.

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