Keep up with the latest news and updates
September 30, 2019
Allyson Bailie from Retirement Essentials encourages Australian seniors to check their eligibility for the Age Pension before getting a reverse mortgage A reverse mortgage can make a huge difference to the lives of Australian seniors who are struggling to make ends meet. With the rising cost of living in Australia and limited income opportunities for
July 29, 2019
The reverse mortgage lender, Heartland Seniors Finance, recently launched a new reverse mortgage TV ad campaign. It’s amusing and witty, but addresses the serious need to help Australian seniors become more aware of the financial options a reverse mortgage loan can offer. Watch it below Breath of Fresh Air Heartland’s TV ad is a breath
April 18, 2019
Australia’s federal budget for 2019-20 raised mixed reactions. There are people praising the Coalition for coming up with the first budget surplus in 12 years (excessive of $7.1 billion) while some members of the society such as seniors advocates call the budget a failure to impress older Australians. Leading independent advocacy group National Seniors Australia
April 4, 2019
[transcript} Hi, it’s Don Murdoch here, from reverse mortgage broker, Seniors First. A common question I’m asked is “Will a Reverse Mortgage affect my Age Pension?” The quick answer is: maybe. If you’re a Queensland Age Pensioner thinking about Reverse Mortgage, this should be the focus of your attention right now. I’ve done hundreds
April 4, 2019
[transcript] Hi, I’m Andrew Cate. I’m the NSW Reverse Mortgage broker with Seniors First. Today’s lesson is: ‘how to minimise interest cost on a Reverse Mortgage loan.” I’ve helped over 400 seniors obtain a reverse mortgage. And if there’s ONE topic that people always want to talk about, it’s ‘compounding interest’. To recap: Reverse
October 29, 2018
The Commonwealth Bank Reverse Mortgage will be withdrawn from sale. CBA (and its subsidiary Bankwest) will no longer offer reverse mortgage loans to new borrowers from the beginning of next year. However, it will still continue lending for current borrowers. CBA made the decision to discontinue “Equity Unlock for Seniors” and Bankwest reverse mortgage (Seniors
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