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LOANS FOR SENIORS

LOANS FOR SENIORS. Who is Senior for Loan Purposes? Age: 55? 60? 65?. Purpose of Loan?. Buying Car? Holiday ? Gift for Children ? These are not Investments but purpose is consumption!. Do not have income to pay off loan?. No.? Take Mortgage Equity Loan

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LOANS FOR SENIORS

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  1. LOANS FOR SENIORS Whois Senior for Loan Purposes? Age: 55? 60? 65?

  2. Purpose of Loan? Buying Car? Holiday? Gift for Children? These are not Investments but purpose is consumption!

  3. Do not have income to pay off loan? No.? Take Mortgage Equity Loan Also known as Reverse Mortgage Loan.

  4. How Reverse Mortgage Loan Works? • You do not have to pay loan till you are alive? • Loan increases and will be taken off from the equity of the house when house is sold off.

  5. Loan for Investment • Take Loan in Self Managed Superfund. • Criterion is that the rental plus super contributions should be enough to pay off the repayment for the home loan.

  6. LOAN FOR AGED CARE ACCOMODATION BOND Maximum 45% of home value depending upon age.

  7. Contact: Bill Gupta at 0412 128 059 Email: bill@gupta.net.au Website: www.tridentfinance.com NEED MORE DETAILS

  8. Notes

  9. Notes

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