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Real Stories
These 88 stories were gathered from public online discussions where Australians talked about their own reverse mortgages, or a parent's. We've rewritten them in plain English and removed identifying details. Each one links back to its original source.
We include negative and unresolved stories on purpose. If we only showed happy endings, you'd have no reason to trust any of it.
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32 stories match your choices
She owned her home, had no intention of moving and wanted to spend her retirement where she'd built her life. Like many older Australians, the house represented far more than bricks and mortar. It was where birthdays had been celebrated,…
Every conversation with the lender seemed to produce a different…
It had been in the family for decades. The mortgage had been paid off years earlier, and with property prices rising, everyone assumed there would be substantial equity left when the estate was eventually…
Another suggested selling the house and moving somewhere…
The family had always assumed the house would provide security throughout her retirement. Seeing it used to borrow money felt…
"Mum and Dad don't really understand what's happening with their mortgage…
She owned her home outright. It had been in the family for decades, and from their perspective, borrowing against it made no…
She'd recently retired, her savings were starting to run low and she was determined to stay in the home she'd lived in for more than thirty…
She'd owned her home for years, rarely complained and never asked her children for…
The vegetable garden he'd spent decades building was producing better tomatoes than…
So whenever the topic came up, he dismissed it without much…
Then, during a conversation with another retiree at his local bowls club, something unexpected…
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