Money magazine Comments - Ask Paul: What is the best reverse mortgage? June owns her home and receives a full pension - what is the best reverse mortgage that won't see her slugged with huge fees? https://www.moneymag.com.au/feed/latest?story=179806069 Mon, 28 Oct 2024 15:15:50 +1100 Mon, 28 Oct 2024 15:15:50 +1100 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - Ask Paul: What is the best reverse mortgage? https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by Lynne Brittain ()

Hi. I own half a house with my niece and nephew as my sister passed away. I want to know if I can get a reverse mortgage on my half of the house? Thank you.

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]]> Lynne Brittain () Mon, 28 Oct 2024 15:15:50 +1100 Comment by paul dawson ()

hi paul

you mention servives Australia reverse morgages ,Can anyone use their service/product?

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]]> paul dawson () Sat, 07 Jun 2025 16:39:50 +1000 Comment by ANGELA DUGGAN ()

I'm 74 and husband 67

we want to finish extensive renovations to our home after having to care for sick relatives costing a lot of medical bills.

What is the best reverse mortgage for us? we will own our own home in October and will need about $120,000 to finish off our half finished renovations. We live on 2.5 acres and our property would be worth around $1,700,000.

We aren't very internet savvy and it's very hard to follow where to start. We're too old to sell up and resettle elsewhere due to the stress!

Help please xx

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]]> ANGELA DUGGAN () Thu, 07 Aug 2025 17:36:55 +1000