#reversemortgagebrokers

Welcome back to our series, 101 Uses for a Reverse Mortgage, where we highlight the unexpected, practical ways Australians are using reverse mortgages to create security, freedom, and financial independence in retirement.

Each week, we bust the myths surrounding these loans by sharing real case studies* — no hype, no jargon, just real people solving real challenges with the right guidance and advice.

Case Study #3: She Nearly Lost Her Home—But We Settled the Loan Just 45 Minutes Before Foreclosure. After the death of her husband several years ago, our client fell behind on her mortgage repayments. With no family support nearby and only her Centrelink pension to live on, her financial situation worsened — and the bank began legal proceedings to repossess her home.

She owed $285,000 on the mortgage, had mounting credit card debt, but selling wasn’t an option she wanted to take. To our client, her home felt like one of the only things she had left, and she needed a solution that would let her stay.

Welcome back to our series, 101 Uses for a Reverse Mortgage, where we highlight the unexpected, practical ways Australians are using reverse mortgages to create security, freedom, and financial independence in retirement.

Each week, we bust the myths surrounding these loans by sharing real case studies* — no hype, no jargon, just real people solving real challenges with the right guidance and advice. Case Study #2: Regaining Financial Independence Without Leaving Home. Years ago, our client’s Sydney home was placed in joint names with her daughter and son-in-law due to a business arrangement. But over time, the personal and financial dynamics changed — and she no longer wanted to be financially tied to them.