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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.
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