Unlock the wealth in your home

Our Premium Reverse Mortgage is designed specifically for customers with a property in Sydney or Melbourne valued at over $10million.

Couple making the most of their retirement by spending time with their grand-daughter

Why choose a Premium Reverse Mortgage?

What is a premium reverse mortgage?

A premium reverse mortgage is like a normal home loan that has been designed for people aged 60 and over with a property valued at over $10million in Sydney or Melbourne. It allows homeowners to unlock the equity in their home and use it for a multitude of purposes, including cashflow, home improvements or even travel. Importantly, you will continue to own and live in your home for as long as you choose.

The amount you can borrow starts at $2million and depends on certain factors, such as your age and the value of your home. You are not required to make regular loan repayments. Instead, the total loan amount, including accumulated interest, is only repayable when you move permanently from your home – usually when you sell your property, move into long-term care or pass away.

Our promises to you:

  1. Lifetime occupancy
    You can live in your home for as long as you choose.

  2. No negative equity guarantee
    The amount required to repay the loan will never exceed the net sale proceeds of the property.

  3. Loan repayment
    There is no requirement to make any loan repayment until the end of the loan, although you are free to do so at any time.

It is important that you are completely happy with your Heartland Premium Reverse Mortgage. To ensure this, we require you to receive independent legal advice from a solicitor of your choice, who will represent your interests and make sure you understand every aspect of your loan. We strongly recommend that you talk to a financial adviser and your family when considering a Heartland Premium Reverse Mortgage.


Request a Premium Reverse Mortage brochure to find out more details about this product.

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