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Are you 60 years of age or older and looking to withdraw some of the equity from your home? If so, you may want to consider a reverse mortgage from Household Capital. Read on to learn more about the product and find out if it's right for you.
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Review by
Richard Whitten is a senior writer at Finder, and has been covering home loans and the property market in Australia for the last 4 years. He has written for Yahoo Finance, Money Magazine and Homely, as well as multiple banks and lenders. Richard has a Certificate IV in Finance and Mortgage Broking, a Bachelor of Education from the University of Sydney and a Graduate Certificate in Communication. He enjoys helping people understand the ins and outs of mortgages so they can make smarter property decisions. Richard trained as a high school teacher but found it easier to manage personal finances than a classroom full of kids. Before joining Finder, he edited textbooks and taught English in South Korea.
If you think the Household Capital Reverse Mortgage is the right product for you, click the green button above. You'll be directed to the Household Capital website, where you'll be guided through your application and can talk to a finance specialist from the lender.