Reverse Mortgages >

What is a Reverse Mortgage?

A Reverse Mortgage is a secure form of lending for the over 60’s. This product enables you to borrow against your property without making any repayments for the life of the loan.

With equity in your home but little cash in the bank this is one way of overcoming the problems of being asset rich but cash poor in retirement.

Please call us to have an obligation free chat or to send out some information on how this product may suit your requirements.

CONTACT US
LOOKING TO GET MORE OUT OF LIFE AFTER 60?
DO YOU WANT:
CASH LUMP SUM AMOUNT
REGULAR INCOME STREAM
DEBT CONSOLIDATION
AFE CAN HELP YOU LIVE YOUR RETIREMENT DREAMS BY SHOWING YOU HOW TO TAKE CONTROL OF YOUR FINANCES BY USING YOUR HOME TO FUND YOUR RETIREMENT.
No repayments are required during your lifetime
SCENARIO #1 > SCN #2 > SCN #3 SCN #4 >

George and Pat are self-funded retiree couple in their mid-60's. They have an investment property which provides them with a comfortable income of about $380 per week. They are both in very good health, very active and would like the funds to pay for a round the world holiday.

Without the need to sell their investment property and disturbing the future income from their investment property. Their financial advisor recommended that they look into an equity release style loan.  The key deciding factors for choosing a Reverse Equity Loan  from AFE was to secure the loan against their investment property.

AFE were able to demonstrate what the loan would look like after a period of 15 years and were able to finance George and Pat $50,000 (in fact they were eligible to borrow a maximum $408,000)

A Reverse Equity Loan enabled George and Pat to fulfill their dream of a around the world trip. They've met many people on their travels and now have a lifetime of memories.

All possible with thanks to AFE and Reverse Equity Loans.

TO FIND OUT MORE ABOUT REVERSE EQUITY,
CALL AFE - THE SPECIALISTS IN THIS FIELD.