What is a reverse mortgage?

Borrow against the value of your home and repay from future sale

A reverse mortgage is a loan designed specifically for people aged 60 and above who own, or mostly own, their homes.

With a reverse mortgage, you are not required to (although you can) make regular repayments, which makes them different from other types of loans.

Your loan is repaid from the future sale of your home, usually when downsizing later in retirement or moving into aged care, or when the last surviving borrower passes away.

Reverse Mortgage Facts answered

A few things to know when it comes to Reverse Mortgages.

Reverse Mortgage Myths Busted

We clear up some of the most common Reverse Mortgage myths.

Pros & cons of a reverse mortgage

The benefits and things to be aware of when it comes to Reverse Mortgages.

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