Reverse Mortgages NSW: Loan Scenario of the Week

Samantha (63) &Tony (69) live in their home in the Southern Highlands. The property is unencumbered. Samantha works as a consultant and does contract work. She just ended a contract and is in the process of looking for a new one. Tony is retired.

The couple want to do the reverse mortgage to travel as their daughter lives in the United Kingdom and they are expecting their first grandchild later this year. They also want to do some minor renovations around their house. Finally, as Samantha does contract work, they want to ensure that they have money when she is in between contracts if needed.

This loan gives the clients freedom to live and not worry about continued employment contracts and ensure they will have money to travel and see family and maintain their home and lifestyle to the manor they wish.

If you would like to know more about how a Reverse Mortgage can help you achieve your lifestyle aspirations please call Raymond on 0438 184 784 or Nicholas on 0438 184 785.

(Names, locations, amounts, & other personal details have been changed to protect the client’s identity. This post does not constitute advice.)

Reverse Mortgages NSW: Loan Scenario of the Week (17/05/2024)

Reverse Mortgages NSW: Loan Scenario of the Week (31/05/2024)