Seniors Money Lifetime Loan Advantages

• Unlock the equity in your house.  Cash-in some of the value you have built up in your house.
  
  
• Your house is yours for life. You retain full ownership of your house to live in for the rest of your and your partner's lives.
  
  
• Borrow the amount you actually need right now and apply for more later if you need it (subject to approval and availability of funds). This can save a lot of money in interest payments and eliminates the pressure of trying to work out today how much to borrow to cover all future eventualities.
  
  
• Use the funds for whatever you need. Spend your funds on house improvements, medical care, a new car or whatever you want. The choice is entirely yours.
  
  
• Make no regular repayments.  The loan does not have to be repaid until you or your surviving partner pass away, move into permanent long-term care or move permanently from your house for any other reason.
  
  
• No penalties if you chose to repay early.  You can repay some or all of the loan whenever you choose, without penalty.
  
  
• Protected by our "No Negative Equity" Promise.  You will never have to repay more than the net proceeds from the sale of your property even in the event that your loan balance is higher than these net proceeds

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