Payout of Existing Debts - Drawdown of Loan: Options - Lender Does Not Become Co-owner of the Property - Applications Using Power(s) of Attorney - Available Reverse Mortgage Loan Types and Interest Rates - The Older You Are, the More You Can Borrow

Loan Product Choices - New Product: “Retirement Refinance” Loan - Consumer Protections - Payout of Existing Debts (subject to valuation and age of younger borrower) - Full Loan Balance Repayment Triggers - Age Restrictions

Primary Loan Purposes - Acceptable Security Properties - Funding Options - Age Requirements - Interest Charges - Payment Options

Lower interest rates are available if regular “interest only” payments are made - Types of acceptable security properties - The older you are, the more you can borrow - Redraw is available - Flat $950 establishment fee - Lender does not become co-owner of the security property

Interest Rate Options - Most Common Loan Purposes - Maximum Loan Amounts - Acceptable Security Properties - Legal Advice

Eligibility for a Reverse Mortgage Loan borrowers are usually over the age of 60 at the time of application partners can be just below...

REASONS FOR ARRANGING A REVERSE MORTGAGE LOAN There are consistent reasons why over 60s are arranging reverse mortgage loans: seniors do...

REVERSE MORTGAGE LOANS FOR SENIORS General Information a reverse mortgage allows customers to borrow money using their home as security...