Buying a new home with a reverse mortgage: A game-changer for retirees and industry
For many older Australians, homeownership in retirement can feel out of reach. Limited income and traditional loan barriers often mean renting or downsizing in ways that don’t align with their ideal lifestyle. But there’s another option—using a reverse mortgage to purchase a new home.
Most people think of reverse mortgages as a way to unlock equity in an existing home, but they can also be a powerful tool for buying a new property—without the burden of monthly repayments.
✅ More housing flexibility for retirees
✅ New opportunities for brokers, lenders & real estate professionals
✅ A smarter approach to securing financial independence