Reverse Mortgages

In some circumstances, it is appropriate to look at using the equity in your home to access capital for lump sum purposes. This could be when entering an aged care facility and requiring a lump sum deposit, retiring and needing some extra funds to upgrade your home, buy a motor home to travel, or just for a nice overseas holiday. Whatever the purpose, we will work with your financial planner and/or lawyer to firstly determine whether a reverse mortgage is the best option for you, before assisting you to find the best rate or product in the market, and then working through the application stage with you, holding your hand every step of the way.

With our expert guidance, you can:

Access Home Equity for Lump Sums:

Use the equity in your home to access capital for needs like aged care deposits, home upgrades, or travel expenses.

Market-Competitive Options:

We help ensure you choose a reverse mortgage that is market competitive, as rates are typically higher than traditional mortgages.

Comprehensive Needs Assessment:

Assess your financial situation and goals to determine if a reverse mortgage aligns with your needs.

Guided Application Process:

Receive personalized support throughout the application process, with guidance every step of the way.

Contact us to learn how a reverse mortgage can provide you with the financial flexibility you need for your retirement goals!

Next Generation Mortgages

5.0

Based on 13 reviews

review us on

Keegan Coetzee

04:34 05 Apr 24

Andrew & the team from NGM were amazing in helping us refinance our home, always available to answer any questions and went above and beyond when there was a hurdle from the banks side! Would recommend if anyone is looking to enter the market or just have a chat to review their best options!

Catherine Wells

23:50 25 Jan 24

Thank you to Andrew, Sean and the team at NGM for making the process of purchasing my first property independently a smooth one!

sam baldock

11:02 24 Apr 23

Adam and his team at next gen are absolute legends. For all the work they put in they probably deserve 6 stars. If you are looking for a Mortage broker then stop scrolling and give these guys a call.

Bastien Gonzalez

10:52 02 May 22

My wife and I can’t express how happy we are to have dealt with Next Generation Mortgages.A close friend of ours, who had just purchased her property thanks to Andrew’s assistance, recommended us to look into our options and contact him. We are so grateful we did!Andrew and Daniela helped us navigate the whole process, understand our options and there was no question that was left unanswered. When it came to get the process started, they were always available and everything was dealt in an efficient and professional manner.We have now just moved into our first home when, a few months back, it was just a pipe dream.Needless to say I cannot recommend NGM enough, it’s been an absolute pleasure working with them.

Sophia Davey

06:42 24 Feb 22

I highly recommend NextGen Mortgages. From the moment I met the team, they went over and above every expectation. Meticulous on the details and accomodating when ever I felt nervous about buying my property. I felt utterly supported and assisted in every step of my decision making and I now am a proud home owner! Very happy. Special thanks to Andrew and Daniela for holding my hand every step of the way. Thank you team!

Kate Stewart

11:52 30 Jun 21

When I first met Andy (Andrew) I was renting and looking for a home, had no idea how much I could borrow and no idea about the process. Over a Zoom meeting Andy went through my options with me and it didn’t take long before I was pre-approved for finance and had signed a contract to buy my first home!The lender that we went with had a very low rate of (under 2% p.a), which was awesome, but unfortunately they weren’t the best lender to deal with up to settlement. Thanks to Andy though, he made the whole process a lot easier for me, and made everything much less stressful than it could have been. The communication he had between all parties was fantastic and smoothed out any issues that we faced along the road. Definitely couldn’t have done it without him.Would highly recommend Andy to any first home buyer who feels they may need guidance and things explained along the way like I did. Thanks so much Andy and Daniela.

Andy Prentice

01:01 15 Jan 20

I can't thank the team at Next Generation Mortgages enough for their amazing work in helping me with my mortgage!I thought that owning a small business would make it a lot more challenging to get approved for a mortgage. NGM knew exactly what lenders to consider and which to avoid and I couldn't believe what an amazing interest rate and quick approval they were able to achieve for me.The process was excellent from start to finish. Andy and Daniela were great to deal with and with Andy also being a financial planner, he provided me with some other great info and options moving forward. I can't recommend Next Generation Mortgages enough if you're looking for a mortgage broker in Melbourne.