|Target Market||The Seniors Equity Loan is ideal for borrowers over 60 years of age wanting a reverse mortgage.|
|Conditions||For customers to be eligible for a HomeStart Home Loan, they must meet the following conditions:
|Circumstances when TMD no longer appropriate||
Distributors will report if they become aware of a significant dealing event in relation to this TMD,
within 10 business days.
Important Information about TMD’s
A TMD is not intended to provide you with financial advice.
The information in a TMD does not take into account your individual objectives, financial situation or needs and before making any decision you should refer the relevant Terms & Conditions and Fees & Charges information and other supplementary documents, such as the Key Fact Sheet to consider whether the product is appropriate for you.
If you are looking to report information to HomeStart in relation to our product Target Market Determinations, you can email us at DDOreporting@homestart.com.au.