Quick Eligibility Check
Answer four simple questions to get an instant indication of whether you may be eligible. It takes less than 60 seconds and there is no sign-up required.
Eligibility checker
Question 1 of 4
How old are you?
If there are two homeowners, please enter the age of the youngest person. You must be at least 55 to apply for a reverse mortgage in Australia.
Question 2 of 4
Do you own your home?
You can own it outright or have a small remaining mortgage. The property needs to be in your name (or your and your partner's names).
Question 3 of 4
Is this property your primary residence?
Most reverse mortgage products require that you live in the property as your main home. Investment properties are generally not eligible.
Question 4 of 4
What type of property is it?
Most standard residential properties are accepted. Some property types may need further assessment.
You may be eligible for a reverse mortgage
Based on your answers, it looks like you could meet the basic eligibility criteria. The next step is a free, no-obligation conversation with one of our retirement funding specialists, who can discuss your situation in more detail.
There is absolutely no pressure. We are here to help you understand your options at your own pace.
Or call us: 1300 000 060
You may still have options
We would be happy to discuss your specific situation. Every case is different, and a brief conversation can help clarify what might be possible.
Or call us: 1300 000 060
A reverse mortgage may not be suitable right now
If your circumstances change in the future, we are always here to help. You are also welcome to explore our educational resources to learn more.
This eligibility check is for general guidance only. It does not constitute a formal assessment, pre-approval, or recommendation. Actual eligibility depends on a detailed assessment by the lender, including property valuation and your personal circumstances.
What happens after the eligibility check?
This check is just the first step. Here is what the journey looks like if you want to explore further.
Free consultation
Speak with one of our retirement funding specialists. There is no cost, no obligation, and no pressure. We answer your questions in plain English.
Personalised comparison
We compare options across our panel of lenders and explain the costs, protections, and what each option means for your long-term equity.
Decide at your pace
Take the time you need. Involve your family. Ask as many questions as you like. You are in control of every decision, and we are here to support you.
Common questions about eligibility
To be considered for a reverse mortgage in Australia, you generally need to be at least 55 years old, own residential property (either outright or with a small remaining mortgage), and live in the property as your primary residence. The property also needs to meet the lender's valuation and location criteria.
Yes, in many cases. If you have a small remaining mortgage, the reverse mortgage can be used to pay it off. The remaining balance would then be available for your use. Your specialist will explain how this works and whether it makes sense for your situation.
Unlike a traditional mortgage, a reverse mortgage does not require regular repayments, so your income is less of a factor. However, lenders may still review your financial position as part of their responsible lending assessment. Your credit history is generally less significant than with a standard home loan.
Most standard residential properties are accepted, including houses, townhouses, villas, and some apartments. Rural properties and certain property types (such as properties on very large land parcels or in remote areas) may require individual assessment. Our team can advise on your specific property.
No. This is a general guidance tool only. It does not involve any personal data collection and is not a formal application or pre-approval. If you decide to proceed, a detailed assessment will be conducted by the lender, including a full property valuation and review of your personal circumstances.
Ready to take the next step?
Whether you are just starting to explore or ready to have a detailed conversation, we are here to help. No pressure, no obligation.