Webinar Replay:

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

Next Steps

Email info@seniorsfirst.com.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

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
js_loader

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

Download your FREE guide from Seniors First

Downloaded by thousands of Australians since its introduction in 2008.

©2023 - Seniors First Pty Ltd | Website Design by WebBuzz →