Cannex rates best reverse mortgage

by Darren Moffatt on May 1, 2008

  • Sumo

Cannex, the main rating agency for financial products in Australia,  has just announced the findings of their most recent research into Australian reverse mortgages, and they’ve found only two providers are worthy of their ‘5 star’ superior value rating.  

Although the Cannex research is a handy tool, it should just be one factor among many when choosing your lender. Ultimately,  your choice of lender will be determined by your individual needs; the best lender for you may not necessarily be the best for your friend, for instance.

You should seek out a SEQUAL accredited reverse mortgage broker to help you with this process.

The two lenders to receive 5 star ratings were ABN Amro & Bluestone. For more info on both go here

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