Question 8

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How do I receive the funds?

Reverse Mortgages offer you the flexibility to choose how you would like to access the funds, being flexible may also help you maximize your Gov’t entitlements such as the Pension too.

You can choose;

100% lump Sum – access the full amount up front.

Monthly Installments – as equal amount monthly installments for up to 10 years

Ready Access – pre approved facility from which you can draw as required

Combination – lump sum and monthly installments

Remember to seek an opinion from a Centrelink FIS Officer or from a suitably qualified Financial Planner.

“Reverselink” can help as we are also “Financial Planners” [CLICK HERE]

*Services offered in conjunction with GCR Financial Pty Ltd ABN 61 133 869 182 Australian Financial Services Licence No: 333543.

Reverselink is part of the GCR Financial group of companies.

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