The Bendigo Bank seniors equity product, also known as debt-free equity release, can be a good alternative to reverse mortgages in some cases. It is not a loan, and there is no interest. Instead, you sell a share of your home in return for cash.

This product is only available in metro Sydney and Melbourne at this stage. For more info go to Equity Release Expert.  

This entry was posted on Monday, April 28th, 2008 at 8:00 pm and is filed under Equity Release Commentary. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.