WELCOME TO IMPACT HOME LOANS
Australia's Reverse Mortgage Specialists
We’re local, experienced – and we don’t charge any fees
Impact Home Loans is a proudly Australian business that specialises in helping older Australians live well in retirement; we do this by unlocking the wealth and equity in your home.
Based in Melbourne and helping clients across Australia, we are reverse mortgage experts. We are passionate about what we do and strive to make the process clear, simple and stress-free for you.
We don’t charge any brokerage or loan processing fees, and there’s nothing to pay upfront to begin your reverse mortgage application.
Reverse mortgages are our specialty
Over the years, we have offered a broad range of home loan and finance solutions – and we still do. But as the market has grown, so have we, and we’ve now become one of Australia’s leading experts in seniors finance options and reverse mortgages. That’s what most of our clients want help with, so that’s what we now focus on.
Why choose us?
There are few options for seniors and retirees to access finance; furthermore, the lenders that do offer reverse mortgages can have challenging, complex processes. Our job is to get you through the red tape – with empathy, speed and expertise.
We guide you through the paperwork, advise you on lender policies and ensure your application is strong from the outset. We’re responsive, knowledgeable and have a high success rate. Best of all, you won’t need to call a 1300 number – you’ll deal directly with a local broker who gets it. And you will deal with that same broker – and only that broker – from initial conversation right through to settlement.
With more than 50 five-star Google Reviews, we’re proud of our reputation for personalised service, transparency and fast response times.
A reverse mortgage may help you to:
- Stay in your home
- Fund renovations or maintenance
- Boost your income
- Consolidate debt
- Refinance an existing mortgage
- Manage the rising cost of living
- Support your loved ones
- Enjoy retirement on your terms
- Provide a family gift / early inheritance
A reverse mortgage offers you flexibility and financial freedom in retirement – all while you stay in the comfort of your own home. Whether you’re planning home upgrades, managing living costs or helping out your family, the funds can be used your way. Unless you choose to, you’re not required to make any repayments while you remain living in your home.
You can set up a reverse mortgage with funds approved for future living expenses – or even unexpected bliss – without needing to draw down and use all the funds from the start. Rather, they can be held in a cash reserve, which doesn’t cost anything, and no interest is payable until you use the funds. You also have Lifetime Guaranteed Occupancy – which means you can continue living in your house until you choose.
You could also elect to receive a regular annuity payment that will supplement current income and help with day-to-day living costs.
We understand that making financial decisions later in life can feel overwhelming. That’s why we take the time to explain your options in plain language and walk you through each step.
All Australian reverse mortgage lenders provide a No Negative Equity Guarantee, which means you can never owe more to the lender than what your home is eventually sold for. As a result, you can never be in negative equity.
