The pension loans scheme

Posted by admin on July 3rd, 2009 filed in Reverse Mortgage, pension loans scheme, reverse mortgages

This is where Centrelink and the Department of Veterans’ Affairs will lend money to people on a partial age pension, where the loan can be repaid at any time in whole or in part, or from the sale proceeds of the house or from the estate.
Potential borrowers would need to check with Centrelink or the [...]

Read More via: - Real Estate Buzz