Are you retired but find you need extra money to help pay for that special holiday you have always wanted but couldn’t afford? Maybe you would like to carry out some much-needed home renovations, or purchase a caravan or motor home to go travelling around Australia?
Then why not consider a Reverse Mortgage to help you during these special times?
A Reverse Mortgage can unlock equity in your home for any worthwhile purpose, such as home improvements, living expenses, purchase a new car, pay medical costs or for travel and holidays. If you need extra money to live on, you can even arrange to receive scheduled payments, such as weekly, fortnightly, or monthly.
With a Reverse Mortgage you can continue to live in your own home for as long as you wish. No repayments need be made on the loan until the house is sold.
Call iShare today and speak to a professional Mortgage Broker today to find out how this all works.