Start living again.

Fund your retirement with a Reverse Mortgage loan.

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Australia’s #1 Reverse Mortgage loan broker

Since launching in 2006, Seniors First has helped thousands of people over sixty release home equity for cash. 

And it's no wonder, because there are good reasons why it’s better to use a broker when applying for a Reverse Mortgage loan:

  • Access many lenders at once
  • Easily compare Reverse Mortgage loans
  • Deal with experts in getting loans approved
  • Learn how to minimise interest charges
  • Find a low rate & get a great deal

The Seniors First team are ready to help you too.

And when it’s time to apply, we’ll do all the legwork for your loan application, while you kick back & avoid the hassle.

Download your free Reverse Mortgage guide

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Rated 4.9 stars on

“Sincere thanks to Andrew and Seniors First .. the loan has been life changing.”

Deborah Collett

Mal PrewettMal Prewett
23:22 28 Nov 23
Seniors First consultant Angela Giokaris help me with my finance , she is extremely professional, very easy to communicate with.Always readily... available to solve any issues oir problems. She goes 100% to make suure you are looked after.Highly reccommend Angelaread more
Brian TwomeyBrian Twomey
06:37 28 Nov 23
Shirley BriggsShirley Briggs
22:20 24 Nov 23
We are very happy with the care and expertise Palka has shown to us, enabling us to obtain our reverse mortgage. She explained the process very... clearly and she was always contactable. Thank you and we recommend her services to all.read more
Fergal FlemingFergal Fleming
05:23 24 Nov 23
We contacted Seniors First when we first thought of taking advantage of a reverse mortgage. The advisor we contacted was open and helpfull and enured... we understood well thd ptos and cons, partularly compounding interest plus the legal requirements fot taking out a loan. Documentation was well designed and accompanying notes very helpful. The advisor/faciliator was very responsive when emailed or phoned. We felt confident and safe.read more
Matt SimpsonMatt Simpson
05:49 22 Nov 23
When we first started considering going down a reverse mortgage path we debated the tradeoffs of going direct with one of the lenders offering... reverse mortgages versus going through a broker. We are now very pleased we decided to go the broker route and especially pleased with our good fortune in having Richard as the broker assigned to us by Seniors First to manage our reverse mortgage application process.From the time of our first video conference, Richard gave us a feeling of competence and confidence. Richard answered our questions clearly and in a timely manner when he could and when he did not know the answer at the time, he took an action to get back to us and always followed through. This is the kind of interaction we always respected and tried to emulate during our business careers, so it gave us a feeling we were in good hands with Richard for our reverse mortgage application process.We know our case involved more broker involvement than normal due to several issues related to the valuation process. We appreciate Richard's timely interactions with the lender's team (and advice to us) to get things on a clear track to resolution and completion.We can recommend Richard and Seniors First without hesitation to anyone considering going down the reverse mortgage path.read more
Teardrop TravellerTeardrop Traveller
23:48 16 Nov 23
My experience with Palka Kumar at Seniors First has been outstanding. She accompanied me every step of the way with her knowledge, thorough approach... and caring for my circumstances. Always just a phone call away even outside of business hours, she gave me all the support I needed. I highly recommend Palka as a broker for her dedication and professionalism.read more
We recently decided to take out a reverse mortgage and engaged Palka Kumar from Seniors First as a mortgage broker. She is personable,... knowledgeable, attentive, always available to answer questions and give additional support.
 She made the process of setting a up the mortgage easy and stress free. Palka was absolutely amazing, one of the nicest people I've dealt with in a long time.
 Extremely happy and I have no hesitation in recommending Palka’s service. She is worth every one of the five stars.Daryl and Cheryl Turnerread more
BarryBarry
07:45 31 Oct 23
Our Reverse Mortgage has just been finalized, it was a more involved process than expected, but Bill James explained each step carefully, promptly... answered all our questions and checked each step as we proceeded. We would certainly recommend Bill James and Seniors First.read more
Kevin SmithKevin Smith
04:06 30 Oct 23
Prompt, excellent service. Reverse Mortgages very well explained, meant we could sign up without any worries or concerns.Definitely recommend... Seniors First for any one interested.Thank you for all your help.read more
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The history of Reverse Mortgage loans in Australia

1992 ›

Reverse Mortgages have been available in Australia since the early 1990’s. The Advance Bank was the first lender to offer a true Reverse Mortgage Loan (as opposed to a line of credit), but the product was only mildly popular due to limited demographic demand of the times.

1998 ›

When St George Bank took over Advance bank in 1998 it inherited their Reverse Mortgage loan product and this has since developed into the Senior’s Access Home Loan they continue to offer today.

2001 ›

Around 2001 the Commonwealth Bank entered the Reverse Mortgage market with the release of what is now known as ‘Equity Unlock For Seniors’.

2002 ›

From 2002 there was a period of steep growth in the Australian Reverse Mortgage market.

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Answer a few short questions to find out if you qualify for a reverse mortgage.

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