See what’s Possible
At age 60, you may be able to release up to 20% of your home’s value. At 70, it’s 30%. Use our calculator to see what this could mean for you.
Understanding Reverse Mortgages in Australia
A reverse mortgage enables older Australians to access the wealth tied up in their home, without having to sell or move. Instead of monthly repayments, the loan and accumulated interest amounts are repaid when the house is eventually sold. You maintain control and can live in your home for as long as you choose.
After a lifetime of work and memories, you deserve to stay comfortable, independent, and financially secure in the place you’ve built. Whether it’s catching up on bills, managing medical costs, or easing day-to-day pressure, a reverse mortgage creates breathing room when you need it most.
“A Kindred loan gives you the freedom to stay in the home you love.”
Anthony Pascoe
Founder and CEO - Kindred Home Equity
Living Well, Without Leaving Home
A reverse mortgage isn’t always about extras; it’s about remaining in the home you love while coping with the cost pressures of life. Many clients use their funds to address maintenance needs, repair a roof, update a bathroom for safety, or ease rising living costs. Others cover aged-care needs or provide help to family when it matters most. And some protect small joys – the garden you’ve tended for decades, weekends with grandchildren, the relief of knowing you can stay exactly where you belong in the community you know and love.
At Kindred, your home should give you confidence, not worry – where financial peace and cherished moments co-exist. Ready to explore your options? Try our obligation-free calculator or call us for a friendly chat.
Frequently Asked Questions
At Kindred Home Equity, we believe understanding brings freedom. Many people share the same questions about reverse mortgages, so we’ve compiled some straightforward answers to help you and your family feel informed and at ease.
What should I think about before getting a reverse mortgage?
Before applying, it’s worth considering your long-term plans and how a reverse mortgage fits into them. Think about how long you’d like to stay in your home, the impact on your estate, and how you’ll use the funds to support your lifestyle. It’s also important to talk things through with your family and get independent legal advice before signing. A reverse mortgage can work well if you plan to stay in your home and want a practical way to ease financial pressure without giving up the place that means the most to you.
Do I have to pay tax on the money I receive from a reverse mortgage?
No. The money you receive from a reverse mortgage isn’t taxable because it’s loan money, not income. It also doesn’t usually affect your pension if it’s used for things like home improvements, debt repayments, or living expenses. If you keep the funds in savings, they may count toward your assets test, so it’s worth checking with a financial adviser. But overall, reverse mortgage funds are tax-free and designed to help you live comfortably with less financial strain.
Can I get a reverse mortgage if my spouse is under 60?
A Kindred reverse mortgage loan is generally available when both applicants are 60 years of age or older. If one partner is under 60, it’s best to wait until you can apply together. However, if you are in this situation, contact us to make an enquiry so we can consider your specific situation.
Still exploring?
Download our free guide for a clear, step-by-step look at reverse mortgages.
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