ROVO Finance helps Australians turn their home equity into financial freedom — with flexible options, no mandatory repayments, and complete ownership retained.
For many Australians aged 55 and over, a reverse mortgage offers a way to access the value of their home without selling or downsizing. Whether you’re looking to ease financial pressure, fund lifestyle upgrades, or support aged care needs, reverse mortgages provide a powerful solution.
What Is a Reverse Mortgage?
A reverse mortgage is a loan that is secured using your house as collateral and with which you can access the money invested in it without having to sell the property. The instrument is targeted to Australians aged 55 and more who desire to make their retirement finances more flexible. Unlike traditional loans, reverse mortgages have no mandatory repayments the loan is typically repaid when the property is sold & the borrower moves into care or passes away.
You remain the legal owner of your home and can choose how to access funds: as a lump sum, monthly payments or a cash reserve for future drawdowns. Rovo Finance helps you compare providers and custom the loan structure to match your lifestyle and retirement goals.
- A loan secured against your home that allows you to access equity without selling
- No mandatory repayments — the loan is repaid when the property is sold or the borrower moves into care or passes away
Flexible Drawdown Options
- Receive an initial lump sum
- Set up regular monthly payments
- Establish a cash reserve for future drawdowns
What Can You Use It For?
- Pay Off Debt: Clear existing loans or credit cards to reduce financial stress
- Home Improvements: Renovate or upgrade your home for comfort and accessibility
- Day-to-Day Expenses: Supplement your pension or cover living costs
- Travel & Lifestyle: Fund holidays, hobbies, or bucket-list experiences
- Buy a Car: Replace or upgrade your vehicle without dipping into savings
- Fund Aged Care: Cover in-home support or transition into residential care
Key Benefits
- Live in your home for as long as you choose
- Benefit from any increase in property value
- Make voluntary repayments anytime — or none at all
- No income requirements to qualify
- Flexible drawdown options to suit your needs
Is It Right for You?
Reverse mortgages may suit you if:
- You’re aged 55 or older and own your home
- You want to stay in your home while improving your financial flexibility
- You prefer not to sell or downsize
- You need access to funds for lifestyle, care, or debt relief
Rovo Finance helps you understand the risks, compare lenders & structure a solution that supports your retirement with clarity and confidence.
Ready to explore your options? ROVO Finance can help you understand reverse mortgages, compare providers, and tailor a solution that supports your retirement goals with confidence. Book a consultation or send us a message and let’s explore how your home can support your future.
Yes. You remain the legal owner of your home. The loan is secured against your equity and repaid later typically when the property is sold.
No. There are no mandatory repayments. You can choose to make voluntary repayments or let the loan accrue until it’s repaid from the sale of the property.
Yes. Many borrowers use reverse mortgages to fund in-home support or transition into residential aged care. Rovo Finance helps you structure the loan to suit your care needs.
