Unlock Cash From Your Home – Without Having to Move
For homeowners 60+ who want a bit more breathing room while staying in the home they love.
A reverse mortgage can let you tap some of your home's value to top up income, cover repairs or enjoy life a little more – with clear advice at every step.
Trusted by WA homeowners over 60
Licensed, accredited reverse mortgage specialist
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Advice tailored to you and your family
Over 60 and Own Your Home? You May Be Able to Unlock Extra Cash
A reverse mortgage can let you access some of the value in your home to top up day-to-day income, cover repairs, or enjoy life a bit more — while you stay living where you're comfortable. No regular repayments are required, and we'll walk you through how it all works in plain English.
Why Some People Choose a Reverse Mortgage
Stay in your own home
Stay in your own home while unlocking some of its value
No regular repayments
No regular repayments required (unless you choose to make them)
Flexible use of funds
Use funds to top up income, cover bills or help family
You remain the owner
You remain the legal owner of your home
Repay when you're ready
Loan is usually repaid when you sell, move into care or pass away
Consumer protection
Products are designed to meet Australian consumer law and Centrelink rules
How a Reverse Mortgage Works
If you're over 60 and own your home (or have low debt), you may be able to release part of its value as a reverse mortgage. Instead of making ongoing repayments like a normal loan, the interest is added to the balance over time. The loan is generally repaid from the sale of the property when you move, go into aged care or your estate is finalised. Each lender has safeguards and limits in place, and we'll walk you through these so you understand exactly what it means for you and your family.
What a Reverse Mortgage Can Help You Do
Most clients use the funds for simple, practical things that make life a bit easier:
How you use the funds is up to you – our job is to make sure the loan structure is safe and makes sense for your situation.
Simple 3-Step Process
Book your free reverse mortgage assessment
We compare lenders and recommend the right structure
You access the funds - with no regular repayments required
Reverse Mortgage FAQs – In Plain English
Quick answers to the questions we're most often asked by homeowners over 60.
Will I still own my home?
Yes. With a reverse mortgage you stay on the title and remain the legal owner of your home. The lender simply has a mortgage over the property, similar to a normal home loan. You keep the right to live there as long as you meet the loan conditions (for example, paying rates and insurance).
Do I have to make repayments?
You don't have to make regular repayments unless you choose to. Most people let the interest be added to the loan balance and it's paid out when the home is eventually sold. If you ever want to, you can make lump sum or regular payments to keep the balance lower.
How much can I borrow?
It depends on things like your age, the value of your home and the lender's rules. Generally, the older you are, the higher the percentage of your home's value you can access. We'll run through your numbers and give you a clear range before you make any decisions.
What can I use the money for?
Most clients use the funds to:
- top up day-to-day income
- pay for home repairs or upgrades
- cover medical or care costs
- help kids or grandkids
- take a small holiday or enjoy retirement a bit more.
How you use the money is up to you – our job is to make sure the loan structure is sensible for your situation.
Will it affect my pension or benefits?
It can, depending on how much you draw and how you hold the funds. Before you go ahead we'll talk through the possible Centrelink impact and encourage you to check with Services Australia or your financial adviser so there are no surprises.
What happens when I move into care or pass away?
In most cases the loan is repaid from the sale of the property when you move into aged care or your estate is finalised. Any money left over after the loan is paid goes to you or your estate. We'll explain the timelines and process so you and your family know what to expect.
Can I pay it back early or change my mind?
Many reverse mortgages allow you to make extra repayments or pay the loan out early if you decide to sell or refinance. There can be fees involved, so we'll go through those in advance and show you what it looks like in dollars.
What safeguards are in place?
Reverse mortgages in Australia are regulated and lenders have safeguards such as limits on how much you can borrow and protections to help ensure you can stay in your home while you meet the loan conditions. We'll go through all the protections, risks and alternatives so you can decide with confidence.
Still wondering how it would work for you?
Send us your questions or your basic details and we'll explain your options in clear, simple language – no pressure, no rush.
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Hey! Connect us with (08) 9122 3929, or email us through office@pilbara.finance, or fill the following form. We will contact you back within 1 hour or prior.
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Thinking About a Reverse Mortgage? Let’s Talk It Through
If you’re over 60 and curious about how a reverse mortgage might work for you, a relaxed chat is the best place to start. We’ll look at your situation, explain the options in plain English and talk through the pros and cons. You’re welcome to include family or a trusted adviser in the conversation.