In a welcome development for the Australian equity release industry, SEQUAL has now become the umbrella body for equity release rather than just an association of lenders. As a result of this change Homesafe Solutions has become a member of SEQUAL.
Homesafe Solutions joins SEQUAL
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give me info i have house worth 360000 dollars what cold i get i need i need 40000 dollars repay if house sold or take out mi estate whats the score
At the moment we have a reverse mortgage with the CBA but find that, as pensioners, the interest rates are killing us. We are very interested in the Homesafe type of mortgage. We live in regional Queensland and wonder is there an organisation that would service us with a Homesafe type loan.
I HAVE A QUESTION MY WIFE AND I ARE 51 YEARS OLD AND WORKING FULL TIME AT THE MOMENT. WE OWE $360,000 our house value is $550,000 WE HAVE ANOTHER 22 YEARS TO PAY OFF THIS LOAN OUR MONTHLY REPAYMENTS ARE $2,180 .ARE WE ELIGIBLE FOR THE HOMESAFE RETIREE LOAN THANK YOU
Hi Nick,
No, you will not be eligible until both of you are 60. Even then, you would possibly be only able to access 15-25% of your property value.
We may be able to help you with a much cheaper home loan rate in the interim, however. Please phone 1300 745 745 and ask for Darren.
Kind regards,
Darren
would i be eligable to this service / I am 78yr own my unit & like my other pensioners find it hard,looking forward to hearing from you .
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