Depending on the amount of the loan and how the loan money is actually utilised a Reverse Mortgage may have a significant impact on Centrelink Benefits.  At Seniors First we insist that Borrowers make an appointment to talk to their Financial Information Services Officer who is able to advise them on how to access the equity without it impacting on benefits.

This entry was posted on Wednesday, March 26th, 2008 at 4:49 pm and is filed under Equity Release Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.