Product Library

REVERSE MORTGAGE LOAN

For 70 years and over; freedom to release the equity in your home without needing to sell.

Category: Home Loans Last Updated December 10, 2025 Effective December 22, 2025

General Lending Rates

Rates listed below are for a VARIABLE Owner Occupied Interest Only product. Additional Information

Interest Rate
7.33% PA

Comparison Rate
7.38%PA*

Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.

Product Variations

Product rates and conditions will vary based on the LVR and other conditions..

Product Features

Redraw

Extra Repayments

Product Eligibility

Natural Person

Residency Status Additional Information: Must be an Australian Citizen or permanent resident with an Australian residential address

Min Age - 70.

Other Additional Information: be an existing SCCU customer

Other Additional Information: Meet SCCU assessment criteria

Limitations & Restrictions (Constraints)

Max Lvr of 30.00

Min Limit of 20000.00

Max Limit of 250000.00

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