Keep up with the latest news and updates
December 19, 2016
The retirement plans of people born on or after 1 July 1952 will change beginning next year. From next year, the qualifying age for age pension entitlements will start to increase progressively by six months every two years. This change has been enacted to deal with the challenges of Australia’s ageing population. As people live
November 18, 2016
What exactly is a Reverse Mortgage, and how does a Reverse Mortgage work? These are two of the big questions most seniors have when beginning to research options for releasing home equity in retirement. This great animated explainer video, sponsored by one of our favourite lenders, is a quick way to get a good
November 15, 2016
As many readers may be aware, Reverse Mortgage loans are much more prevalent and established in United States than in Australia. So it can be a useful experience to look to the American market for comparisons and possible future trends that may emerge locally. To that end it’s interesting to see that the veteran actor
October 18, 2016
(Article published by Mortgage Professional Australia Issue 16.11) A combination of economics and demographics is bringing reverse mortgages back into the spotlight, and there’s a need for brokers to write them. MPA, in partnership with Heartland Seniors Finance, explains how you can bring reverse mortgage lending into your business. DEMOGRAPHIC TRENDS rarely make for a
May 2, 2016
Breaking news: Reverse Mortgage Lender Launches ‘Monthly Payments’ Drawdown Option. One of our partner lenders, Heartland Seniors Finance, recently just announced a new product enhancement for reverse mortgages. Heartland now offers monthly regular advances in addition to their regular quarterly and yearly advance options. This is great news. Now if you are a home owner,
February 4, 2016
Majority of Australian seniors are still reluctant to unlock their home equity through reverse mortgage loan. Recent report from the Productivity Commission reveals that less than 1 per cent of older Australians use financial products to tap into the substantial wealth of their home. The same report also shows that age pensioners tend to be
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