Anywhere Home Loans
  • Home
  • Services
    • First Home Buyers
    • Home Loans
    • Refinancing
    • Investment Loans
    • Reverse Mortgages
    • Something else?
  • Our Team
  • Your Brokers
  • About Us
  • Contact Us
  • Join Us
  • More
    • Home
    • Services
      • First Home Buyers
      • Home Loans
      • Refinancing
      • Investment Loans
      • Reverse Mortgages
      • Something else?
    • Our Team
    • Your Brokers
    • About Us
    • Contact Us
    • Join Us
Anywhere Home Loans
  • Home
  • Services
    • First Home Buyers
    • Home Loans
    • Refinancing
    • Investment Loans
    • Reverse Mortgages
    • Something else?
  • Our Team
  • Your Brokers
  • About Us
  • Contact Us
  • Join Us

reverse mortgages

A reverse mortgage is a specialised loan designed for Australians aged 60 and over, allowing you to access the equity in your home without the need to sell or move. It provides financial flexibility by turning a portion of your home’s value into tax-free cash, which can be used for living expenses, home renovations, medical costs, or even helping family members.


How a Reverse Mortgage Works


Unlike traditional loans, a reverse mortgage does not require regular repayments. Instead, the loan balance (including interest) is repaid when you sell your home, move into aged care, or in the event of passing. The amount you can borrow depends on factors such as your age, property value, and lender requirements.


Key Benefits of a Reverse Mortgage


  • Access to Tax-Free Funds – Use the money for any purpose, from improving your lifestyle to covering unexpected expenses.
  • No Regular Repayments Required – The loan is repaid when you sell the home or move into care.
  • Remain in Your Home – Continue living in your property while benefiting from its equity.
  • Flexible Payment Options – Receive the funds as a lump sum, regular income stream, or a line of credit.
  • Lifetime Occupancy Guarantee – You cannot be forced to leave your home due to the loan.


Things to Consider


  • Interest Accumulation – Since repayments are not required, interest compounds over time, increasing the loan balance.
  • Impact on Inheritance – The loan reduces the equity available for your beneficiaries.
  • Government Benefits – May affect eligibility for the Age Pension or other benefits.


How We Can Help


We provide expert guidance on reverse mortgages, helping you understand the terms, costs, and potential impacts. Our team will assess your financial situation, compare lender options, and ensure you make an informed decision that aligns with your retirement goals.


If you’re considering a reverse mortgage, contact us today to explore how it can work for you.

Contact Us

Send a message

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Let's get started!

0481 054 006

hello@mortgageedge.au

Copyright © 2025 Mortgage Edge  - All Rights Reserved.

Mortgage Edge Pty Ltd ABN 43 650 553 905 (Credit Representative Number 531930) and its representatives are credit representatives of Purple Circle Financial Services Pty Ltd ABN 21 611 305 170 Australian Credit Licence Number 486112   

  • First Home Buyers
  • Home Loans
  • Refinancing
  • Investment Loans
  • Reverse Mortgages
  • Something else?
  • Our Team
  • Your Brokers
  • About Us
  • Contact Us
  • Join Us
  • Compliance

This website uses cookies.

We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.

Accept