We help homeowners access the equity in their home through a reverse mortgage. We compare lenders and solutions to find the right option for your circumstances, backed by more than 23 years of specialist experience.
Years specialising in reverse mortgages
Senior Australians guided
Lenders compared for you
Welcome to Reverse Mortgages Victoria. For over 23 years I have sat with Australians at their own kitchen tables, talking through what a reverse mortgage really means for them and their family. No call centres and no pressure, just clear personal advice from someone who will be here for you from the first question to the last.
PAUL DWYER, FOUNDER OF REVERSE MORTGAGES VICTORIA
Eligible homeowners aged 55 and over can access some of the equity in their home, without selling or moving out. There are no regular repayments while you live there. You stay in the home you love, with greater flexibility to live on your own terms.
The loan is repaid when the last remaining borrower no longer lives in the property, usually through the sale of the home, a deceased estate, or a move to alternative accommodation.
A reverse mortgage is a home loan as defined under the National Consumer Credit Protection Act 2009.
Watch: Paul explains a reverse mortgage in 2 minutes
No call centre and no one-size-fits-all approach. Paul or one of his specialist advisers will come to you (within Greater Melbourne region), meeting face-to-face in your own home to find the right path forward, or to tell you honestly if a reverse mortgage isn't it.
Access the equity in your home as a lump sum, regular income stream, line of credit, or any combination. The amount depends on your age and property value.
Best for:
If you're retired and still managing a home loan, refinancing into a reverse mortgage can relieve that burden, removing regular repayments and freeing up your cash flow.
Best for:
Set up a line of credit and draw funds only as you need them, so money is on hand for whenever life calls for it.
Best for:
A reverse mortgage may also be used to fund any shortfall involved in a property purchase and is based on the credit limit policies that may apply for an already owned property.
Best for:
“I no longer wake up in the middle of the night, worrying how I can pay the bills on the kitchen table.”
Edna
Peace of mind · bills managed · home retained
“Your aged care loan now allows Mum to keep her home, and my sister and myself will be able to keep it in the family.”
Denise and Helen
Mum keeps her home · family estate preserved
“Many thanks for guiding us through the application process. With the reverse mortgage now in place, we have a clear plan going forward.”
Bruno and Martina
Application completed · clear plan in place · future secured
“Your guidance in planning our future was invaluable, especially around Centrelink.”
Michael and Sue
Pension optimised · Centrelink clarity · future planned
“Your information about the four costs of aged care has allayed Mary's concerns about being able to pay for care.”
Steve and Mary
Aged care costs understood · care plan secured · worries eased
A clear, unhurried process from first conversation to settlement, and well beyond.
STEP 1
Phone or email us to talk through your situation. There is no cost and no obligation, and you are welcome to include as much or as little detail as you like.
STEP 2
We look beyond the loan, considering your age pension, future care needs and long-term goals, to make sure any solution is genuinely right for you.
STEP 3
As a specialist broker in reverse mortgages we search across all available products to find the option that best fits your circumstances.
STEP 4
We manage the paperwork and liaise with your chosen lender, and we're available whenever you need us after settlement, should your circumstances change.
Timelines are indicative. The full process typically takes 6 to 8 weeks.
A quick, no-obligation estimate based on your age and property value. It's a starting point, not a final answer, and Paul is always happy to walk you through the full picture in person.
If applying as a couple, enter the age of the younger borrower.
23% of your property value, based on age 63.
As a general guide, you can access 15% of your property value at age 55, plus a further 1% for each year older, capped at 45%.
This is an indicative estimate only, not financial advice or a loan offer. Actual borrowing capacity depends on lender policy, property valuation and your individual circumstances.
Since 2002, Paul Dwyer has helped more than 2,000 Australians use their home equity to support their retirement goals. With more than 23 years of reverse mortgage experience, Paul and his team provide personal, straightforward advice without the call centre approach of many lenders and brokers.
It's a personal approach designed to make what can feel like a complex financial decision simpler, clearer and more comfortable.
Profile details to come.
A practical, plain English guide to reverse mortgages in Australia.
No call centre and no pressure. Paul or one of his specialist advisers will come to you across the Greater Melbourne region, or you are welcome to phone or email first if you would prefer. Either way, you will get an honest answer on whether a reverse mortgage is right for you.
Specialising in reverse mortgages since 2002. In-home appointments across Greater Melbourne.
