fbpx
Menu Cancel

Open: 9am - 5pm (AEDST)

60+ Lending Opportunities

Jump to

The Opportunity

5 Million

‘Baby Boomers’ in Australia.

36%

Growing % of Australians retiring with a mortgage.

15%

Borrowers get help from their parents.

1M

Retirees will be downsizing in the coming years.

What is Retirement Lending?

Refinance

 Your clients can refinance with interest only or no regular repayments.

Bank of Mum and Dad

Your clients can help the next generation into the property market.

‘Rightsize’

Lending to support the move into a home more suitable for your clients’ retirement years.

Retirement Lending Solutions

Our home wealth and cashflow calculator demonstrates how much home wealth you could unlock to improve your retirement funding.

ORIO 100ORIO 50HOUSEHOLD LOANHOUSEHOLD LOAN +
DESCRIPTIONTransitioning to retirement
Reverse mortgage that limits (or eliminates) the effect of compound interest and rewards with a lower rate		Managing retirement finances
Reverse mortgage that provides flexibility to meet changing needs including additional income and access to capital
WEALTH AVAILABLE20% home value @ age 60 + 1%/yr
TERMSOptional interest only payment (100%) Optional interest only payment (50%) Interest accrues to loan accountInterest accrues to loan account
INTEREST RATE8.20%8.70%9.20%9.20%
CASH FLOW IMPACTMake interest paymentsMake reduced interest paymentsNo regular repayments requiredNo regular repayments required and income paid from loan
ACCESS FLEXIBILITYIncrease or decrease loan amount plus contingency access at any time, without penalty
REPAYMENT FLEXIBILITYOptional regular interest payments and repay loan at any timeOptional ad hoc repayments and repay loan at any time
RETIREMENT SUITABILITY      

Something to think about...

1 in 10

Finsure clients are 60+.

65%

Broker loans are to refinance a home loan.

$425k

Average loan size.

$8.5k

Typical payment to Brokers over term

Working with Household Capital

Refer your clients

Become accredited