Page 27 - Go55s summer web

Lifestyle

The Seniors Loan Specialist Paying Out Debt

Some Seniors still have a mortgage and others have
incurred credit card debt and are now on a treadmill
trying to juggle repayments. A Reverse Mortgage can be
Verse Mortgages – Seniors Loans – The Power To Change Lives used to pay off credit card and other debts and get rid of
repayment pressure.
I love Seniors Loans. Mortgage and we do NOT recommend them. If you are
Most Reverse Mortgages are quite small loans, but I still considering this type of scheme, please call me to discuss Travel
love them, because they change lives. your options first. Some Seniors take a Reverse Mortgage to travel. One
Reverse Mortgages, or Seniors Loans as they are often of my clients travels all over the world on her Reverse
called, can take a huge weight off the shoulders of those The Truth, and the Freedom a Reverse Mortgage can Provide Mortgage funds. Another client who has recently settled
who take them, relieve burdens and worries, and give A Seniors Loan or Reverse Mortgage enables those who his Reverse Mortgage has bought a new car and a caravan,
back lost control. They provide the power to choose, and own a Real Estate asset to use a portion of the equity in and is now about to set off around Australia.
bring fun and life to senior citizens and a new radiance that asset, for their own financial needs, without having to
to their faces. When I see this, it brings me real joy and make repayments. Upgrading and renovating
satisfaction. Essentially, those 60 years old and over, can access Others want to renovate their home and make all the
equity in their home, to supply their own needs from the repairs necessary so they don’t need to be concerned about
These loans are always transparent. wealth they have acquired over their lifetime. To many, those things for the foreseeable future in their retirement.
I spend quite some time with my Senior clients. I this is a huge relief. They are not forced into selling the
always make sure they understand what they are doing home they are accustomed to and love. They don’t have Health Expenses
and that they are not feeling pressured. I want to know to downsize, pay expensive marketing, agent’s fees and Still others need the money for surgery such as knee or
what they want the money for, and what it will achieve moving costs, or move to a strange area away from the hip replacements or unexpected illness, other hospital or
for them. A Solicitor also explains the contract and places and people they know. medical needs or plastic surgery. If there is a need for an
makes sure it is appropriate. These loans are always Aged Care facility an Aged Care Loan can be arranged to
transparent. What do Seniors use the money for? cover the bond and other payments.
Cost of living Expense
Why are they seen as negative by some? Many Seniors feel they just don’t have enough money Providing for Children and Grandchildren.
The offspring and benefactors of senior people are for their normal cost of living expenses, especially if they Occasionally, a Reverse Mortgage is even used to help
sometimes negative about these loans. They may see are on the Age Pension. A Reverse Mortgage can provide children and grandchildren with school expenses or a
them as an erosion of “their” assets, and fear losing some the means to a more relaxed lifestyle and freedom from deposit for a first home.
of the inheritance they have already laid claim to. Many penny-pinching to survive. A Reverse Mortgage can be used for just about anything.
others tell their parents to “Go for it” and live your life to I love being part of assisting Seniors to have a better quality
the full. of life in their Golden Years. Feel free to call Sandra for a
Senior citizens should feel free to do as they wish pleasant chat about Seniors Loans. You do not need to
with the wealth and assets they have earned over their proceed to a loan. I will be happy to help you understand
lifetime, using them to provide for their own needs your options.
rather than living with austerity and penny-pinching All the best for your most wonderful Golden Years –
pressure. Live them to the max!
Warning: Home reversion is where a lender BUYS The Seniors Loan Specialist (02) 9653 2034 or 0414 903 443
a percentage of the property. This is NOT a Reverse By Sandra Dignam

The Seniors Loan Specialist

All the Help and Information you want or need!

Reverse Mortgages - No Repayments!

• Live The Retirement Dream

• Get Out The Bucket List & Start Living Again
• Cruising • Travel • Fun • Health Care

• Home Improvements & Maintenance

• Build A Granny Flat For Additional Income
• Pay Out Existing Loans & Credit Cards

• Help The Kids • Buy A Car • Live Stress-Free

Aged Care - No Worries!

• Pay For Aged Care With A Seniors Aged

Care Loan
• No Need To Sell Your Home Until You Are

Good & Ready
• No Repayments Required

CALL NOW FOR YOUR FREE INFORMATION BOOKLET – (02) 9653 2034 / 0414 903 443

LOADS OF HELP - LOADS OF INFORMATION - WE’LL LOOK AFTER YOU
www.SeniorsLoanSpecialist.com.au

Summer 2017 | The Go55s Newspaper 27