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Reverse Mortgages

Reverse Mortgages, also known as Seniors Finance or Equity Release loans, are specifically designed to allow Seniors over 65 years of age to use the equity in their home to release cash for their own use – this is a lifetime loan with the repayment being made when the property is sold. No monthly payments are required unless you choose to make them.

A Reverse Mortgage allows Seniors to stay in their own home as long as they like but can free –up some “cash” for personal use – for example renovation, holidays, new car, health reasons or repayment of a current mortgage.