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Home Loans
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The Australian Seniors Finance Lifetime Loan makes your home work for you.
Wouldn't it be great if you could use the equity in your home to fund the things you would like to do?
You can. With an ASF Lifetime Loan, you can unlock your wealth and turn your bricks and mortar into a cash resource to fund the lifestyle you would like to live.
It could also mean you no longer have to compromise on the things you really need or worry about those unexpected emergencies.
Today, many people over 55 are finding that an ASF Lifetime Loan is giving them new freedom to unlock their accumulated wealth. And unlike some other loans you don't have to sell your home and your title remains in your name.
How does an Australian Seniors Finance Lifetime Loan work?
It's simple. If you are over 60 years (or if a couple, one of you is over 60 and the other over 55) and you own your home, an ASF Lifetime Loan allows you to borrow up to 50% of your home's value.
And you can use the loan to fund anything you want, for instance:
- Renovations and maintenance
- Health Care
- Pay off credit card bills
- A new car
- Education costs for grandchildren
- Pay out an existing mortgage
- An overseas holiday
The choice is entirely up to you!
Best of all, unlike standard loans, there are no regular repayments of either interest or capital during the course of the loan. Which makes it a great way to pay out an existing mortgage or credit card debt.
In fact, unless you decide to voluntarily pay out the loan there is nothing to pay until you move out of and sell your home, or after your death (or the death of your surviving nominated partner).
Naturally, once the loan and interest have been repaid, the balance belongs to you and your beneficiaries.
And our peace of mind Loan Repayment Guarantee means that your total repayment will never exceed the net sale proceeds of your property
Download an ASF Lifetime Loan brochure .
View a comparison interest rate schedule
How much can you borrow?
To find out how much you can borrow see the ASF Lifetime Loan Calculator .
Apply for a Lifetime Loan today!
Download an ASF Lifetime Loan application form .
Alternatively, visit any Greater branch, or call 1300 667 960.
Hear what other ASF Lifetime Loan borrowers have to say!
"My husband is now confined to a wheelchair and as such, we needed to have some significant alterations made to our bathroom to make it easier to use for him. We approached Australian Seniors Finance to get the funds for this work. We simply had to tell them how much we needed and the funds were made available to us. All we had to do after that was send them the work completion certificate. Australian Seniors Finance has made life so much easier for both of us".
John & Vera, QLD
"I had approached another lender who offered a similar product, but I wasn't comfortable with their processes and I couldn't speak to the same person twice. When I spoke to Australian Seniors Finance, I was pleasantly surprised to find that I could deal with the same person - their service even extended to dropping off all the paperwork at my house. I was very comfortable with Australian Seniors Finance and the whole process was fast and easy."
Eleana & Roy, NSW
"As a pensioner with limited capital, ASF provided the funds to pay off some debt and also give me a regular income for the future. My financial advisor worked with ASF to structure the loan so that my pension payment did not change. With the assistance of Australian Seniors Finance I am now enjoying an improved lifestyle."
Frank, VIC
IMPORTANT NOTICE: Applications for our Lifetime Loans are subject to Australian Seniors Finance Limited's normal loan approval. Full terms and conditions will be included in any loan offer. Fees and charges are payable.
ACN 108 875 636