The faster way to release equity
A faster way to access funds up to $100,000, without the hassle of a fully registered valuation, also saving you some additional expense.
Want to know more?
Request a free info pack to see:
- what a reverse mortgage is
- the pros and cons of a reverse mortgage
- the protections you should expect from any provider
How does it work?
With a reverse mortgage, you don't need to make regular repayments. Interest is calculated on the outstanding balance and added monthly to your loan. Voluntary repayments can be made at any time, which reduces the balance and interest charged.
The total loan amount, including accumulated interest, is repayable when you move permanently from your home. This could occur when you sell your property, move into long-term care or pass away.
To be eligible, you need to be over the age of 60, own your own home outright, or have a standard mortgage that can be paid off by the streamline reverse mortgage.
Why choose to streamline?
