Financial Advice
Some borrowers prefer to talk to CentreLink or their Financial Advisor before actually applying for a Reverse Mortgage. This is a good idea, giving them the confidence to proceed without any apprehensions of the impact on CentreLink Benefits. It is one of Seniors First Requirements that Borrowers at least talk to CentreLink. Some Lenders also require Borrowers to obtain Independent Financial Advice.

April 22nd, 2008 at 9:06 am
Talking to CentreLink was a good idea indeed.