Heartland Seniors Finance – Reverse mortgage fees

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• WELCOME TO
• SENIORSFINANCE.AU

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• Heartland Seniors Finance
• Heartland Seniors Finance is one of Australias
  leading specialist Reverse Mortgage lenders.
• Established in 2004 originally as Australian
  Seniors Finance (ASF), the Company has helped
  thousands of people over 60 release home equity
  to fund a better lifestyle in retirement.
• It was foundation member of the Senior
  Australians Equity Release Association of Lenders
  (SEQUAL), and over the last decade has played a
  significant role in the development of public
  policy and regulation of the Australian Reverse
  Mortgage market.

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• Reverse Mortgage Fees and Legal Requirements
• Arrangement fees-
• There will be charges with a specific end goal to
  set up your Reverse Mortgage. All our Reverse
  Mortgage expenses, with the exception of the
  valuation charge, will be deducted from your
  underlying drawdown.
• Legal work-
• Heartland Seniors Finance holds its own lawful
  consultants and you are not required to pay extra
  expenses to cover Heartland Seniors Finance
  legitimate work.

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• Interest rates-
• Like some other advance, intrigue will be charged
  on your Heartland Reverse Mortgage. Premium will
  be charged at our relevant distributed variable
  market rate (around 1.5 to 2 over the standard
  variable home loan rates distributed by the
  significant banks) and will be added to the sum
  you have obtained to frame the general advance
  adjust which will change every day.
• Keeping track-
• To help you screen your home loan, we will send
  you an announcement at regular intervals
  itemizing the exchanges on your home loan over
  the past period, including interest and any
  pertinent expenses and charges.

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• THANK YOU
• SENIORSFINANCE.AU