A reverse mortgage gives you the opportunity to live life on your terms. Enjoy the financial flexibility, independence and a lifestyle you love.Find out more
You remain the registered owner of the property, and you can continue to enjoy living in your own home for as long as you want.
The funds from your home can be used for almost anything you like to make your lifestyle more enjoyable, or for unexpected expenses.
There is no need for regular loan repayments. Interest is calculated on the balance outstanding and added to your loan.
Importantly, you continue to own and live in your home for as long as you wish, continuing to enjoy the benefits of your community.
You can use your reverse mortgage for almost any purpose that may make life easier, more comfortable, or more enjoyable in retirement. Below are some examples of what our customers have used their reverse mortgages for.
A Heartland reverse mortgage could provide a regular income stream supplement. Paid monthly for up to 10 years, this could help you gain freedom from stress and comfortably cover all the necessities, while also enjoying more of the opportunities retirement affords.
It could help you plan deserved getaways, without feeling restrained by budget. Create memories, tick off those dream destinations from your bucket list or visit loved ones overseas.
A Heartland reverse mortgage could allow you to continue to live in the place you call home, while making improvements that could not only add value, but ensure your comfort, safety and enjoyment for the years ahead.
With an interest rate that is often lower than credit cards or personal loans, a Heartland reverse mortgage could allow you to access equity in your home to pay off higher-interest debt and give yourself the freedom and confidence to make plans for the future, so you can enjoy more of what life has to offer.
Over 15,000 Kiwis aged 60+ have used the value of their home to access cash for a well-earned and comfortable lifestyle. See how a reverse mortgage is working for them.
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If you’d like more information, or would like to talk through the application process, our New Zealand based team are available to answer any questions you have about reverse mortgages, and how you can get started.call free: 0800 488 740