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New South Wales | Lydian Financial Services
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For New South Wales homeowners aged 60 and over, a reverse mortgage can turn the value in your home into funds for retirement, while you keep living there. It is a significant decision, and we help you understand it fully.
A reverse mortgage lets homeowners aged 60 and over borrow against the equity in their home, without having to sell or move out. You can take the funds as a lump sum, a regular income, a line of credit, or a combination.
Unlike a standard home loan, you are not required to make regular repayments. The interest is added to the loan balance and compounds over time, and the loan is repaid when you sell the home, move into aged care, or pass away.
By law, every reverse mortgage in Australia carries a No Negative Equity Guarantee. That means you, or your estate, can never be required to repay more than your home is worth, even if the balance has grown. Your other assets are protected.
Because the interest compounds and the loan reduces the equity in your home over time, a reverse mortgage is not right for everyone. It can affect your pension and what you leave behind, so it is a decision that deserves careful thought and good advice.
A reverse mortgage is a big step. We make sure you go into it with your eyes wide open.
Access the equity you have built while continuing to live in the home you love, on your own terms.
There are no required repayments while you live in the home. The loan is settled when you eventually leave it.
Australian reverse mortgages include a No Negative Equity Guarantee, so you can never owe more than your home is worth.
Across New South Wales, more retirees are looking at the equity in their homes as a way to fund a more comfortable retirement. Our brokers help homeowners in Sydney, Newcastle, Wollongong and beyond weigh it up carefully.
We compare the specialist lenders who offer reverse mortgages, explain exactly how each option works, and make sure you understand the long-term impact before you decide anything.
We also strongly encourage you to speak with a financial adviser and your family, and we are happy to be part of that conversation. Let's explore whether it is the right fit for you.
Reverse mortgages are generally available to homeowners aged 60 and over, though the exact minimum age can vary by lender. The amount you can borrow usually increases with age and depends on your home's value and location. We will confirm your eligibility during your free consultation.
No. While you are living in the home, you are not required to make any repayments. The interest is added to the loan balance and compounds over time, and the loan is repaid when you sell, move into aged care, or pass away. You can choose to make voluntary repayments if you would like to.
No. By law, every reverse mortgage in Australia includes a No Negative Equity Guarantee. This means you, or your estate, can never be required to repay more than the value of your home when it is sold, even if the loan balance has grown larger. Your other assets are protected.
It may. Depending on how much you draw and how you use the funds, a reverse mortgage can affect your Age Pension or other entitlements. This is exactly why we recommend speaking with a financial adviser or Services Australia before you proceed, and we will help you ask the right questions.
You keep ownership of your home and can continue living in it for as long as you like. When you eventually sell, move into aged care, or pass away, the home is usually sold and the loan repaid from the proceeds, with any remaining equity going to you or your estate. We encourage you to involve your family in the decision.
Serving clients across Australia.
Authorised Representative no. 525 778
Specialist Financial Group Australian Credit Licence no. 387025
Lydian Financial Services New South Wales
Phone: 0413 609 349
Email: contactus@lydian.com.au
Copyright © LYDIAN FINANCIAL SERVICES PTY LTD 2026. All Right Reserved.