REVERSE MORTGAGE LOAN
For 70 years and over; freedom to release the equity in your home without needing to sell.
Category: Home Loans Last Updated December 10, 2025 Effective December 22, 2025
General Lending Rates
Rates listed below are for a VARIABLE Owner Occupied Interest Only product. Additional Information
Interest Rate
7.33% PA
7.33% PA
Comparison Rate
7.38%PA*
7.38%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will vary based on the LVR and other conditions..
Product Features
- Redraw
- Extra Repayments
Product Eligibility
- Natural Person
- Residency Status Additional Information: Must be an Australian Citizen or permanent resident with an Australian residential address
- Min Age - 70.
- Other Additional Information: be an existing SCCU customer
- Other Additional Information: Meet SCCU assessment criteria
Limitations & Restrictions (Constraints)
- Max Lvr of 30.00
- Min Limit of 20000.00
- Max Limit of 250000.00
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