Aged Care Loans are designed to assist those entering Aged Care to borrow funds against the security of the family home.
These loans are of particular value when a family member needs to remain living in the family home, or there is a particular desire to retain the family home.
The Loans can be drawn as
· Lump Sum (i.e Pay the Refundable Accommodation Deposit)
· Regular Instalments (pay Daily Accomodation Payment and other fees)
· Or as a combination of both
· Use funds to prepare the home for sale