Home Equity Access Scheme: How The 'Reverse Mortgage' Plan Works
Home Equity Access Scheme: How The 'Reverse Mortgage' Plan Works
Dec 15, 2021
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Do I have to get a pension to access the Home Equity Access Scheme? Justin says: ‘You don’t need to get a pension to use the Home Equity Access Scheme (HEAS). The scheme can help you access the equity in your property to supplement your retirement income.' You may be eligible for the scheme if you: 👉 are an Australian resident 👉 own property in Australia 👉 are over Age Pension age, or you have a partner who is. Learn more: servicesaustralia.gov.au/home-equity-access-scheme | Services Australi
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