A Reverse Mortgage to finance a seniors holiday

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Using a Heartland Seniors Finance Reverse Mortgage for a holiday

You’ve worked hard across decades and, now in your retirement, it’s time to take a load off and relax. Perhaps you want to join the 1.7 million Australian over-60s taking overseas holidays each year! Whether you’ve been dreaming of a ‘bucket list’ escape, an Australian caravanning adventure, or taking a trip to see the grandkids, there is now nothing holding you back from your trip of a lifetime. Except money.

Whether you are living on a government pension or a self-funded retiree, finding the spare cash for holidays can be difficult, particularly when competing with more immediate priorities such as utilities and other everyday bills, home maintenance and medical expenses.

Faced with only personal loans or credit cards to finance a trip, many seniors simply miss out on travelling during retirement. But Heartland has another option.

Travel or visit your relatives with a Heartland Reverse Mortgage

Heartland Seniors Finance offers a reverse mortgage loan that could fund your next holiday. With an interest rate that can be lower than credit cards or personal loans, accessing the funds in your property with a Heartland Reverse Mortgage could provide you with a cost effective and flexible alternative.

One of the benefits of using a reverse mortgage to fund travel is that regular loan repayments are not required. The interest is calculated on the balance outstanding, and added monthly to your loan. Voluntary repayments can be made at any time if you choose, which reduces the balance and interest charged. At the end of the term of your loan, when you move permanently from your home, the total interest charged, together with the amounts drawn, will be payable.

Not having regular loan repayments can reduce stress and free up cash flow, giving you the peace of mind to live a more comfortable retirement!

At Heartland, over 25% of customers use their reverse mortgage to pay for a trip. But don’t just take our word for it, here’s what some of our customers have to say:

"My Heartland loan enabled me to travel, help family members and purchase a new car. I will be recommending your services to my friends."

"It is so wonderful not to be paying a mortgage now - I have enough money to have a life!”

“I can now go on my cross country tour!”

So start packing your bags today!

Get your FREE copy of "Reverse Mortgage Insights!"

Eager to learn more?

If you want to explore how a Reverse Mortgage can be used to fund a holiday, complete the above form and instantly receive your copy via email.

You can also call Heartland Seniors Finance on 1300 889 338 for a chat.

Benefits of obtaining Reverse Mortgage to fund holidays

Flexible cash flow

Tell us how much you need for your trip as an initial advance, and then you may be able to set up a cash reserve facility that can be accessed in the future when needed. 

Peace of mind

Knowing you have access to the equity in your home to live a more comfortable retirement without having to sell.

No regular repayments required

There is no requirement to make any repayments until the end of the loan, however you are free to do so at any time.

Live the retirement you deserve

Go on that dream holiday while still keeping the family home - enjoying the independence, security, and connection to community, family, and friends it can provide.

For the third consecutive year, we are proud to be awarded Money Magazine’s Best Reverse Mortgage product.

96% of customers were likely or highly likely to recommend Heartland to friends and family, and 94% would recommend taking out a reverse mortgage.
Heartland Customer Survey, January 2018

About Heartland Seniors Finance

Since 2004, Heartland Seniors Finance has helped over 15,000 senior Australians release the equity in their home to fund a better lifestyle in retirement with our reverse mortgage.

Being a specialist non-bank lender, Heartland understands the needs of senior Australians and offers an award-winning, market leading product. With a broad criteria, flexible product, and considerable customer protection, Heartland is Australia’s leading reverse mortgage provider.

Can we help you live a better retirement?

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