With our Reverse Mortgage, you could stay in your own home longer while unlocking equity that you can use on renos, living expenses, or seeing the world.
The benefits of a P&N Reverse Mortgage
Reverse mortgages allow retirees to convert the equity in their home into accessible cash for a more comfortable retirement.
- You can use the funds for a range of purposes.
- There are no regular repayments required but you can make voluntary repayments at any time.
- You have easy access to your funds through a redraw facility.
- The negative equity guarantee means the amount that’s required to repay the loan will never exceed the net sale proceeds of the property.
Speak to a home loan specialist
Whether you’re ready to apply for a home loan or simply want to speak to someone about your options, we’ve got you covered!
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Important information
Banking and Credit products issued by Police & Nurses Limited (P&N Bank).
Any information on this website is general in nature and does not consider your personal needs, objectives or financial situation. Our rates are current as of today and can change at any time. Credit eligibility criteria, terms & conditions, fees & charges apply.
Before taking out a Reverse Mortgage product, seek appropriate advice and consider if the product is right for you.