Seniors Money - Life Time Loan
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Seniors Money Mortgages (Ireland) Limited has decided to temporarily suspend accepting new loan applications. If you require further information, please call.
The Seniors Money 60plus Lifetime Loan provides you with the opportunity to unlock the value you have worked hard to build up in your house and enhance your lifestyle for years to come. It is available to anyone aged 60 and over who owns their own, and it can be used to pursue the wealth of opportunities that await you.
- It is a loan, secured against your house, that does not need to be paid back until you sell your house, move out or pass away
- Seniors Money does not buy a share of your house. You retain full ownership of your house and can continue living in it for as long as you wish
- You can use the money for whatever you wish
Payment
Lump sum
Many Seniors generally have enough for day to day living but get hit by financial problems when the roof leaks, the car breaks down, an urgent operation is needed or some other unforeseen expense arrives. For other Seniors "generally enough to live on" usually excludes having any luxuries.
Through our Seniors Money Lifetime Loan, Seniors Money is looking to reinvent the way people approach their retirement.
Unlock some of the value you have built up in your house using a Seniors Money Lifetime Loan and receive a lump sum to spend as you choose.
The Seniors Money Lifetime Loan provides you with the opportunity to unlock the value you have worked hard to build up in your house and enhance your lifestyle for years to come.
Quarterly payment
It is clear that many retired people are living on a small income while living in a valuable asset in their house. They can generally be described as "cash poor" but "asset rich". Indeed there are very few options available to those who don't have sufficient pension income.
Through our Seniors Money Lifetime Loan Seniors Money is looking to reinvent the way people approach their retirement.
Unlock some of the value you have built up in your house using a Seniors Money Lifetime Loan and receive quarterly drawdowns to supplement your pension income.
The Seniors Money Lifetime Loan can be structured to provide you with Quarterly Drawdowns over a five year period. All our Quarterly Drawdown Options operate for a finite period of five years. At the end of the five year period you can apply for a further five year Quarterly Drawdown Option, which will be subject to our lending criteria at that time.
Contact us now to find out more.
