With Brisbane’s median house price now climbing past $1.15 million, many Brisbane homeowners are sitting on an increasingly high-valued asset. For homeowners in Brisbane over the age of 55, this presents a great opportunity to turn the added tied-up value in their property into a flow of cash that can be used for the increasing costs associated with retirement.
At Your Home Equity, we are specialist home loan brokers in Brisbane that seniors can trust. Unlike traditional finance brokers in Brisbane who might use a regular loan to generate cash, which comes with monthly repayments, we utilise a reverse mortgage – a solution designed for senior Australians, helping you stay in your family home while using the increased equity as a supplemental income to fund the increasingly more expensive daily expenses or pay for unexpected costs, including care.
The Benefit of a Specialist Finance Broker in Brisbane
For many, the Australian Age Pension is no longer enough to cover the lifestyle they have worked for, especially with the increased cost of health and aged care and increasing utility bills. Your home equity provides a solution with a reverse mortgage, allowing you to utilise the tied-up value of your Brisbane property to fund your retirement living.
Why Now is the Perfect Time to Refinance Your Brisbane Property
Brisbane is currently one of the quickest-growing house markets in Australia, meaning if you bought your property many years ago, your equity could already be much higher than you think. Working with the experienced team of licensed mortgage brokers at Your Home Equity, we can help you refinance in Brisbane and unlock that equity with a reverse mortgage.
Start your retirement upgrade today. Contact Your Home Equity for a reverse mortgage consultation, backed by our “No Loan, No Fee” guarantee.
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