At Liberty Financial we understand that making the decision to move into an aged care home can be tough.
We can help you avoid the stress of finding the money to finance the bond with our Care loan. Now you, or your family, can finance an accommodation bond for an aged care home using the equity in your property, without having to sell your home before you can move in.
What are the benefits of a CARE loan?
You keep your home: Pay the aged care home bond without the need to sell your property.
No scheduled payments: You don't need to make scheduled payments during the loan term.
Rent out your home: Family members or tenants can live in your home throughout the loan term.
Tax benefits: Any rental income may be tax free if used to cover aged care accommodation costs.
No effect on pension: Taking out a Care loan has no effect on your pension or Centrelink payments.
No reduction in equity: The equity in your home is not reduced over time as it is with a reverse mortgage.
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HOW TO ENQUIRE
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