Seniors travel & holidays
Equity release benefits
Funding seniors' travel & holidays with home equity release loans
If you've worked hard all your life, now is the time to relax and enjoy your golden years with a well earned holiday. If you're over 60, Seniors First can help you fund your holiday to travel the world, visit your family overseas, or finally experience your dream vacation.
Studies show that travelling for seniors can positively improve mental and physical well-being. Social interaction with different places and cultures is good for brain function and mindset.
However, finding the extra cash to fund your ideal holidays is increasingly difficult with the burden of credit card repayments, personal debts, and day-to-day living expenses. Our Reverse Mortgage brokers at Seniors First can help you generate the extra cash for seniors travel & holidays. Funding your next stress-free holiday is much easier with a Home Equity Release Loan.
Alternatively, if you already have a Home Equity Release Loan with another lender and you're seeking a lower interest rate, Seniors First can help you refinance. A Home Equity Release refinance to a cheaper rate may help preserve more home equity for spouses, children or other beneficiaries.
Benefits of Reverse Mortgage for holiday & travel
Without the need to sell your property or downsize, you will also be able to enjoy the benefits of any future capital growth. No compulsory regular repayments are required (although voluntary payments can be made if you wish). Reduce your stress in retirement and don’t miss out on an opportunity to enjoy your ideal holiday with your loved ones.
Generating funds for your ideal holiday is made easy with a Home Equity Release Loan. With travel being one of the main reasons why seniors access their funds, rather than taking out a credit card or personal loans, a Reverse Mortgage is often more cost-effective in generating flexible cash flow with a lower interest rate. In addition, no income is necessary to qualify for a Home Equity Release Loan. You may choose to receive a lump sum, regular income payments, a cash reserve or a combination of all three
A Home Equity Release Loan can help you enjoy the lifestyle that you deserve. Whether you want to relax on the beaches of Hawaii or you are more of a thrill-seeker, a Reverse Mortgage can finance your dream travel experience, empower you with the freedom of travel and ultimately increase your life satisfaction.