An Accommodation Bond Loan
Aged Care residents and their families
now have choice
A Seniors Equity Release loan can fund the cost of
an Accommodation Bond or Charge
without having to sell the familiy home
Many residents entering an aged care facility are asked to pay an Acccommodation Bond. There is no set formula and the Bond can be negotiated with the provider. Aged Pension entitlements can be maintained and the family home and rental income can be exempted for pension considerations.
Call 1300 663 534
Welcome to the Melbourne and Peninsula Reverse Mortgage guide to Equity Release and how we can help you meet your needs.
Equity Release is a loan facility for a person over the age of 63 accessing equity which has accummulated through the appreciation of their property.
Melbourne and Peninsula Reverse Mortgage is a leading Victorian authority on Equity Release.
Phone 1300 663 534 and arrange an appointment
♦ Your funds can be used for any worthwhile purpose.
♦ Minimum loan amount is $20,000, with age of youngest borrower determining the maximum amount.
♦ You can select to draw down funds as a lump sum, pre-approved flexible drawdown, regular instalments, or a combination.
♦ Repayment is required when your home is sold, or from the proceeds of your estate.
♦ You may make periodical payments if you wish.
♦ You retain full ownership of your home.
Find out how Equity Release gives you the financial freedom and opportunity to enjoy your retirement.
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Ph:1300 663 534
*We can answer your immediate questions,
*We can send you further information or,
*We can arrange an appointment time to come and see you.
Melbourne and Peninsula Reverse Mortgages is a SEQUAL Accredited Reverse Mortgage Consultant and a foundation member of the Fortus Group (Equity Release Specialists)
Melbourne and Peninsula Reverse Mortgages and other entities (Melbourne and Peninsula Accommodation Bonds/Team Australia Mortgage Solutions) hold an ASIC Australian Credit Licence (ACL387310) |