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LOANS FOR SENIORS Who is Senior for Loan Purposes? Age: 55? 60? 65?

LOANS FOR SENIORS Who is Senior for Loan Purposes? Age: 55? 60? 65?

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Page 1: LOANS FOR SENIORS Who is Senior for Loan Purposes? Age: 55? 60? 65?

LOANS FOR SENIORS

Who is Senior for Loan Purposes?Age: 55? 60? 65?

Page 2: LOANS FOR SENIORS Who is Senior for Loan Purposes? Age: 55? 60? 65?

Purpose of Loan?

Buying Car?Holiday?

Gift for Children?These are not Investments

but purpose is consumption!

Page 3: LOANS FOR SENIORS Who is Senior for Loan Purposes? Age: 55? 60? 65?

Do not have income to pay off loan?

No.?Take Mortgage Equity Loan

Also known asReverse Mortgage Loan.

Page 4: LOANS FOR SENIORS Who is Senior for Loan Purposes? Age: 55? 60? 65?

How Reverse Mortgage Loan Works?

• You do not have to pay loan till you are alive?• Loan increases and will be taken off

from the equity of the house when house is sold off.

Page 5: LOANS FOR SENIORS Who is Senior for Loan Purposes? Age: 55? 60? 65?

Loan for Investment• Take Loan in Self Managed

Superfund.• Criterion is that the rental plus

super contributions should be enough to pay off the repayment for the home loan.

Page 6: LOANS FOR SENIORS Who is Senior for Loan Purposes? Age: 55? 60? 65?

LOAN FOR AGED CARE ACCOMODATION BOND

Maximum 45% of home value depending upon age.

Page 7: LOANS FOR SENIORS Who is Senior for Loan Purposes? Age: 55? 60? 65?

NEED MORE DETAILS

Contact:Bill Gupta at 0412 128 059Email: [email protected]: www.tridentfinance.com

Page 8: LOANS FOR SENIORS Who is Senior for Loan Purposes? Age: 55? 60? 65?

Notes

Page 9: LOANS FOR SENIORS Who is Senior for Loan Purposes? Age: 55? 60? 65?

Notes