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Homesafe vs Reverse Mortgages?

Check your eligibility

How is Homesafe Wealth Release different to a Reverse Mortgage?

There are currently two forms of Equity Release products in Australia. Home Reversion (or Debt Free) Products and Reverse Mortgages.

Homesafe Wealth Release is a debt free solution and is not a Reverse Mortgage.

There is no capitalising interest.

Homesafe Wealth Release is a part-sale property transaction, where a Homeowner enters into a deferred terms Contract of Sale to receive a lump sum payment from Homesafe now, in exchange for selling a share of the future sale price of their home. The share of the future sale proceeds not sold is always protected in the future, irrespective whether the value of the home goes up or down over time.

For more information about Equity Release products, visit the ASIC MoneySmart website by clicking here.

Homesafe provides peace of mind in retirement:

  • It is not a loan or a reverse mortgage
  • You remain the legal owner of your home
  • Live out your life in your home, or sell when you decide
  • You can rent out your home and retain the income
  • No requirement to sell your home if you move into aged care
  • You can buy back the sold share at any time
  • You can access any amount between $25,000 and $1,000,000*

* Terms, conditions & eligibility criteria apply.

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Check your eligibility

HomeSafe Wealth Release HomeSafe Wealth Release

To find out how Homesafe Wealth Release® can assist you, please click here.