Reverse Mortgage for over 55s

If you are over 55 and struggling to:  

• Make ends meet with your day to day expenses or
• Buy some luxuries for yourself or your family or
• Find the funds to fix up your home or 
• Buy a much needed new car or
• Find money for all of the above, 

Then consider that your home, which is likely to have grown considerably in value over the years, may provide the answer.

Bad-credit-loans.com.au can help you release some equity in your home with a Reverse Mortgage. This growing trend in Australia helped more than 10,000 seniors in Australian in 2005 to provide additional funds in retirement.We can provide you with a flexible reverse mortgage that enables you (if you are over the age of sixty) to release a portion of the equity in your property. The benefits being:   

• Repayments are not required whilst you are still living in your home,
• All interest and fees are ‘rolled up’ into the balance, 
• You can also stay in your home for as long as you choose and retain full ownership and rights,
• You can choose from a lump sum payment or monthly instalments or a combination of both,
•  You are protected from the uncertainty of increasing interest rates over the entire life of the loan, irrespective of how you choose to draw down the funds,
• A fast and simple application process.
• Your loan is only cleared upon sale of asset, or the death of both parties.
  

Bad-credit-loans.com.au, will put you in touch with a suitable lender who will look at your individual situation and provide clear advice, guidance and assistance to help you move forward and where possible obtain the finds you need to get your life back on track.