Reverse Mortgages
Seniors Home Equity Release Loan (SHERL)
In response to an extensive review of operations undertaken by the board of Over Fifty Group, the availability of the Seniors Home Equity Release Product (Reverse Mortgage) has been suspended. Applications for this product are no longer being accepted.
The product remains in place for existing customers.
Interest Rates
Current interest rates for existing customers are as follows:
| Interest Rate * | |
|---|---|
| Variable | 7.48% p.a |
* Effective from 1 January 2010
Reverse Mortgages Downloads
Documents
Forms
SHERL Withdrawal/Deposit Form
Periodic Payment/Cash Reserve Form
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