Lender nabs best reverse mortgage award

by Miklos Bolza11 Dec 2017
Heartland Seniors Finance has been awarded the Best Reverse Mortgage award at Money Magazine’s annual awards for the third year running.

The award was given out at the Best of the Best awards in Sydney last Wednesday (6 December) with contenders ranked on a combination of features and costs.

Heartland was recognised as understanding the financial needs of older Australians and meeting the growing gap between superannuation, pension and retirement needs.

Andrew Ford, CEO of Heartland, said the firm was thrilled to win the award once again.

“To receive recognition from Money Magazine’s Best of the Best awards is a great honour for Heartland. That said, our greatest satisfaction is helping thousands of Australians to live a better retirement.”

With many seniors experiencing difficulty when trying to live a comfortable retirement, Heartland was pleased to help older Australians release equity in their homes through this reverse mortgage product, Ford said.

Common uses for this product include home renovations, consolidation of debt, travelling, or removing the stress from day-to-day living.

Heartland takes a number of factors into account when determining how much to lend, including age, location and the value of the property.

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