REVERSE MORTGAGE LOAN

For 70 years and over; freedom to release the equity in your home without needing to sell.

Home loansBank updated 9 June 2026

At a glance

Max LVR: 30%
Features: redraw, extra repayments

§ 01 — Rates · 1

Type	Applies to	Term	Band	Rate	Comparison	Conditions
Variable	Owner occupied · Interest only	—	—	7.83%	7.89%	—

§ 03 — Features

RedrawExtra repayments

§ 04 — Eligibility & limits

· Minimum age 70
· Residency: Must be an Australian Citizen or permanent resident with an Australian residential address
· Available to individuals
· Amount $20,000 to $250,000
· Maximum LVR 30%
· be an existing SCCU customer
· Meet SCCU assessment criteria

§ 05 — Compare

All home loans →Other Southern Cross Credit Union home loans Everything Southern Cross Credit Union publishes

§ 06 — Run the numbers

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Published by Southern Cross Credit Union under the Consumer Data Right, last changed by them on 9 June 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.