What are Senior Loans or Accommodation Bonds?

Senior Loans or Senior Home Loan, may also be known as a Reverse Mortgage or Equity Release Loan. It allows borrowers 60 years and over to access the equity in their home without the need to make any repayments until the property is sold or passes to their estate.

The interest on a Senior Loan compounds, (interest charges and fees are added to the loan each month) and repayment is made to the lender when the property is sold, or when the title passes to the borrowers estate. These products also contain a "No-Negative Equity Guarantee", meaning you will never owe more than the value of your home on these loans.

Also, we are able to arrange an Accommodation Bond from our panel of lenders if required. Please contact us on (02) 9388 0066 to establish your options.

We are a Founding member of FORTUS

Are you eligible for these Senior Loans?

To determine whether Senior Loans are right for you, complete our easy and secure online form. We'll assess your range of options from the different products available on the market (bank and non-bank lenders), and contact you directly with the findings - all for no cost, and no obligation.

Clik here and fill out this easy form to check your eligibility

As a non-aligned broker, we can also assess the various products from the lenders and assist you with;



* Fixed rate and non fixed rate products (including a comparison over a number of years).

* Access to non aligned Financial Planners.

* Access to Shared Equity Products if required.

Enjoy your retirement knowing that your finances are secure.

Click to read some "Fast Facts" about Senior Loans

Who owns this website?

We are Crest Financial Pty Ltd, Chartered Accountants. You can have answers to all your questions about your retirement finances and seek information on the best solution for your individual situation.

If you're considering Senior Loans or a Reverse Mortgage, we can explore all the options with you and arrange the loan. We will also help you with critical issues of Estate Planning and Retirement Planning, and meet with you and your family members to explain all the Seniors Loan options available to you.

"Crest Simplify is built on the assumption that the management of peoples financial lives is not inherently a do-it-yourself prospect."