REVERSE MORTGAGE LOAN
For 70 years and over; freedom to release the equity in your home without needing to sell.
- From (owner occupied)
- 7.83%
- 7.89% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable | 7.83% | 7.89% | — |
Features
- Redraw facility
- Extra repayments
Eligibility
- Individuals only
- Residency statusMust be an Australian Citizen or permanent resident with an Australian residential address
- Minimum age — 70 years
- be an existing SCCU customer
- Meet SCCU assessment criteria
Constraints
- Maximum LVR — 3000%
- Minimum limit — $20,000.00
- Maximum limit — $250,000.00
More Information
Published by Southern Cross Credit Union under the Consumer Data Right · Last updated 9 June 2026 · Product ID REVERSE_MORTGAGE_LOAN · View on CDR.gov.au