Reverse mortgages
Canberra mortgage brokers can help customers explore reverse mortgage loans by assessing their circumstances, explaining how the loan and compounding interest work, and comparing suitable options from available lenders.
Looking to downsize?
They can also help structure the loan—such as a lump sum, line of credit or regular payments—to support the customer’s needs while considering the potential effect on their remaining home equity. Because reverse mortgages can influence future living expenses, aged-care affordability, government benefits and inheritance, brokers should encourage customers to obtain independent financial and legal advice before proceeding
Our team can help with:
- Compare loan options: Research participating lenders and explain differences in interest rates, fees, borrowing limits, features and repayment conditions.
- Explain long-term impacts: Demonstrate how compounding interest may increase the loan balance and reduce the equity remaining in the customer’s home over time.
- Manage the application: Assist with documentation, valuations, lender communication and settlement while recommending independent financial and legal advice.
The process made easy
01
Get in touch with our team
15 mins
02
Complete a fact finder form
45 mins
03
We review and provide options
2 days
Our panel of lenders
With access to over 50 leading lenders, including the big four banks, we can help you get a loan that suits your individual circumstances.
Are you paying too much on your current home loan?
We offer a no-cost assessment of your home loan to review your current mortgage, interest rate, and overall loan structure, then compare it with loan options available through our panel of lenders to determine whether there’s a better fit. If there’s an opportunity to reduce your repayments or cut fees, we’ll explain the numbers clearly and guide you through the next steps. Get in touch today and you could save thousands of dollars.