Homesafe Wealth Release
What is Homesafe Wealth Release?
Homesafe Wealth Release was created to provide a secure and simple way for seniors to access the wealth built up in their homes, without taking out a loan.
Homesafe is not a reverse mortgage. The difference is really simple; it pays you a cash lump sum today in return for an agreed share of the sale proceeds of your home whenever it is sold.
- Access a cash lump sum between $25,000 and $1,000,000
- You determine what share you sell (up to 65%)
- You remain the legal owner of your home
- You can sell your home whenever you like
- You can rent out your home
- You or your Estate can buy back the sold share at anytime
- Rebates may increase you share of the sale
- No on-going property maintenance requirements
**currently available in most metropolitan areas of Melbourne and Sydney