Unlock Your Home's Hidden Value with aReverse Mortgage in NZ

Access up to 65% of your home's value without selling or making monthly repayments. Perfect for New Zealanders aged 60+ who want to fund their retirement dreams.

No monthly repayments required
Stay in your home for life
No negative equity guarantee

✓ Free consultation • ✓ No obligation • ✓ Takes 2 minutes

How Does a Reverse Mortgage Work?

Unlike a regular mortgage where you pay the bank, with a reverse mortgage the bank pays you. Here's how it works in simple steps:

1. Own Your Home

You must own your home and be 60+ years old (some providers require 65+)

2. Get Assessed

Bank assesses your home value and your age to determine how much you can access

3. Receive Money

Get a lump sum, regular payments, or access to a credit facility

4. Live & Enjoy

Continue living in your home with no monthly repayments required

Reverse Mortgage: Benefits vs Considerations

Make an informed decision by understanding both the advantages and important considerations

Key Benefits

  • No Monthly Repayments: Interest is added to the loan and repaid when you sell or pass away
  • Stay in Your Home: Guaranteed right to live in your home for life
  • No Negative Equity Risk: You'll never owe more than your home's value
  • Access Large Amounts: Typically 20-65% of your home's value
  • No Income Requirements: Don't need to prove ability to make repayments

Important Considerations

  • Compound Interest: Interest is added to the loan annually, increasing the amount owed
  • Reduced Inheritance: Less equity will remain for your beneficiaries
  • Ongoing Costs: You remain responsible for rates, insurance, and maintenance
  • Early Repayment: May have penalties if you want to repay early
  • Impact on Benefits: May affect your eligibility for some government benefits

Ready to Learn More?

Get a personalized assessment of how a reverse mortgage could work for your situation. Our free consultation includes no obligations and won't affect your credit score.

Get My Free Assessment

Top Reverse Mortgage Providers in New Zealand

Compare the leading reverse mortgage providers to find the best option for your needs

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Heartland Bank

New Zealand's largest reverse mortgage provider

Min Age
60+
Max LVR
Up to 65%
  • No negative equity guarantee
  • Flexible payment options
  • Established NZ provider
Get Quote from Heartland Bank
🏛️

SBS Bank

Community-focused reverse mortgage solutions

Min Age
60+
Max LVR
Up to 60%
  • Lifetime tenancy guarantee
  • Competitive rates
  • Personal service
Get Quote from SBS Bank

Frequently Asked Questions

Get answers to the most common questions about reverse mortgages in New Zealand

Still Have Questions?

Our experienced advisers are here to help you understand your options and find the right solution for your situation.

Ready to Unlock Your Home's Value?

Take the first step towards financial freedom in retirement. Get your free, no-obligation reverse mortgage assessment today.

Quick Process
2 Minutes
No Obligation
100% Free
Expert Advice
Personalized
Check My Eligibility Now

Trusted by thousands of New Zealand homeowners • Regulated providers only