Retired and want to improve your cashflow and lifestyle ?

Equity release products or reverse mortgages are loans designed for people 55 years and over to use the equity in their home or investment property to provide additional funds either by way of a lump sum or an ongoing monthly sum (or a combination of both) for any need or reason like a holiday, new car or just to supplement the pension.

All consultants at Bays Home Loans are trained and affiliated with the ten of the best reverse mortgage⁄seniors equity lenders all members of Sequal.

Contact Bays Home Loans on 03 5977 7994 for an obligation, cost free discussion on all aspects regarding products available to people 55 and over.

Some frequently asked questions are:

Do I continue to own my property?

Yes. The title remains in your name.

How much can I borrow?

This depends on your age and the value of your home.

What costs are involved?

This depends on the lender.

Do I need to make repayments?

No.

Can I move if I want to?

Yes, you are able to move house at any time and your loan can be transferred to your new home, provided it meets our lending criteria