Webinar Replay:

How Reverse Mortgage can help over 60's with cost-of-living.

Next Steps

Email [email protected]m.au with 'Interested' in subject line then include your phone number, name, and age in the message.

In this webinar, we discuss the persistent cost of living pressures and recommended exploring non-credit solutions before considering borrowing.

If borrowing is necessary, it is important to choose a financial solution suitable for one's age.

Reverse Mortgages can be affordable in many cases however we advised being conservative with loan funds and only drawing what is necessary.

We encourage discussing the decision with supportive family members, understanding how Reverse Mortgages work, and feeling comfortable with releasing equity. It is important to note that interest is calculated only on the drawn funds.

Overall, we stressed the importance of reviewing financial considerations alongside lifestyle and psychological factors when making decisions about managing inflation, borrowing, and specifically, Reverse Mortgages.

Rated 4.9 stars on

Robert K. profile picture
Robert K.
1 week ago
Seema was extremely helpful and explain the process with us every step of the way.
Anyone thinking of a Reverse Mortgage to use Seema from Seniors First would find it advantageous to do.
Paul V. profile picture
Paul V.
1 week ago
Thank you Seema
Bruce C. profile picture
Bruce C.
2 weeks ago
Hi Angela

Thank you for all the help that you provided in this matter.

Your service was exemplary. You guided us in what could be a complicated and stressful process at our stage of life. Your assistance relieved us of those pressures.

We would recommend your service to anybody.

Thank you

Bruce & Judith
Colin B. profile picture
Colin B.
2 weeks ago
totally friendly and helpful through the whole process, thank you Angela
Karen J. profile picture
Karen J.
2 weeks ago
What initially felt like a daunting process, was made seamless and easy. My broker Palka ensured that I was well informed at every step of the application process and was always readily available to respond to my questions. I feel excited to be able to move forward with my plans now.
Lesley W. profile picture
Lesley W.
2 months ago
We were very happy with the speedy and professional service from Seniors First. They helped us navigate all the options available and sorted out the paper work, making it a simple operation to find and apply for the most suitable reverse mortgage for our needs. Highly recommend!
David B. profile picture
David B.
2 months ago
I was very happy with Seniors First to organize my affairs. Seema was a nice person to deal with and great at getting my application approved, she persisted with my lack of Technology and sending documents. Her experience and knowledge will guarantee success.
barry T. profile picture
barry T.
3 months ago
Understanding, deciding, facilitating and processing an application for a reverse mortgage is not a simple process, however having a Broker who works closely with you step by step is an absolute must have. We choose Seniors First based on peer and industry reviews coupled with the explanatory telecasts they provided explaining what was involved. Having decided to explore further we linked up with our Broker, Angela Giokaris via a lengthy phone discussion. Throughout the following weeks as the application process progressed we were confident that we were in good hands. Angela remained in contact every step of the way, openly ensuring we understood the pros and cons of a reverse mortgage and facilitated every step of the journey. Importantly, there were a couple of conditions from Heartland, our chosen bank, that we had issues with. Angela negotiated with Heartland on our behalf and secured the conditions we were chasing. We found Angela to be highly professional, very knowledgeable of the reverse mortgage product and banking generally. Importantly also, friendly, patient, considerate of our needs, thorough in detail and overall an absolute pleasure to work with. We are very happy with the end result and being able to convert our asset value to a cash value and opening the door to the rest of our lives. We would wholeheartedly recommend Seniors First, and in particular Angela to anyone who is considering going down this track. Barry.
Bobby Y. profile picture
Bobby Y.
3 months ago
I found the consultant from Senior first Richard Chapman, was extremely helpful and also very knowledgeable regarding reverse mortgages. He was always available to assist with any of out questions and or concerns. We found this process very smooth and seamless. My wife and I had many questions during this process, which were always handled with patience and understanding. I would recommend Senior First for anyone thinking about a reverse mortgage they make it easy.
Thanks guys.
Bobby Yarbrough
Ray and Carolyn D. profile picture
Ray and Carolyn D.
5 months ago
We were/are clients of Palka Kumar. We were impressed with her friendly nature and boundless knowledge of the industry. We had a number of Tele-conferences with her as she guided us through the process and let us know from the outset that she was with us the whole way through to conclusion. Palka was always available to answer any questions and kept us informed as the process went through the various stages. We have nothing but praise and appreciation for Palkas commitment to her clients. She always made us feel assured and relaxed about a sometimes daunting process. Outstanding.

Meet Your Hosts:

Darren Moffatt

Founder & Managing Director

Darren is the founder of Seniors First and has been the CEO since 2006, he is also an is an award-winning businessperson with almost two decades of lending experience.

Andrew Cate

NSW Reverse Mortgage Broker

Andrew is the most experienced Reverse Mortgage broker in Australia, having originated 1,000 reverse mortgage loans over the last 8 years

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