Household Capital: Expanding Lending Options for Clients Aged 60+

Household Capital, a leading retirement funding specialist, is making waves in
the market with its innovative lending solutions for Australians aged 60+

The company announced it's appointment to Finsure's and
Loan Market Group's broking panels in November and has now been appointed
to VOW Financal Group andSpecialist Finance Group (SFG)'s panels.
This has expanded Household Capital’s reach to a wider network of
mortgage brokers. Industry whispers suggest that even more major
aggregators are on the horizon for Household Capital in the coming weeks.

But what if reverse mortgages aren't your cup of tea? Here's the good news:
Household Capital offers more than just reverse mortgage deals. Their "spot
and refer" model caters to brokers who may not want to directly originate
reverse mortgages. By referring clients to Household Capital, brokers can earn
a very competitive 0.3% commission on the settlement of the total approved
loan amount, not just the portion withdrawn by the borrower. This unique
structure provides brokers with an attractive opportunity to add value for their
clients seeking retirement funding solutions.

Why Household Capital Stands Out

Household Capital focuses on providing responsible long-term access to home equity
for retirees. Their approach allows seniors to enjoy a more comfortable retirement
while staying in their familiar homes. Here's what sets them apart:

Focus on clients aged 60+ Specialists:  This client group has specific needs and faces unique challenges, addressed
by Household Capital’s product suite; this faced by retirees ensures a
personalised and supportive experience.

Flexible Options: Household Capital offers a variety of product solutions beyond
traditional reverse mortgages, catering to diverse needs and objectives.

Competitive Broker Referrals: The 0.3% commission on the total approved
amount offers brokers a compelling incentive for referrals.


Looking Ahead

With their expansion plans and focus on innovative solutions, Household Capital
is poised to become a key player in the 60+ lending market. The company’s commitment to responsible lending and providing
value for both brokers and their older clients makes them a valuable
partner for a secure and comfortable life.

 

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