Benefit from the comfort and safety a new vehicle can bring with an A.S.A.G. Reverse Mortgage.
One of the benefits in acquiring an A.S.A.G. Reverse Mortgage is that it allows you to upgrade necessities that you use in everyday life, such as a car.
Using an A.S.A.G. Reverse Mortgage to purchase a new vehicle is acceptable as the purpose of the loan. This is allowed as we see the advantages a new car can give our customers, like comfort, reliability, and safety.
Our customers use a reverse mortgage to repair or replace their automobile to meet with age requirements or simply to add comfort to their retirement. The A.S.A.G. Reverse Mortgage allows customers to buy a large asset without having to meet usual required regular payments or using up their savings.
Almost 85% of senior Australians aged 65 and beyond are homeowners and usually, their house is their most valuable asset.
With the A.S.A.G. Reverse Mortgage, accessing a portion of this wealth is possible — to buy a new vehicle or pay for maintenance and much needed repairs to your latest car.
One of the benefits of using a reverse mortgage as a car loan is that you’re not required to make regular loan repayments. The interest which is calculated on the balance outstanding is added monthly to your loan.
You have the option to voluntarily pay the loan at any time, which reduces the interest and balance charged. The total interest charged and amounts drawn will be payable at the end of the term of your loan — when you permanently move from your home.
Taking the regular loan repayments away from your worries can reduce stress and also free up cash flow. It can also provide you a comfortable retirement and peace of mind.
Taking the regular loan repayments away from your worries can reduce stress and also free up cash flow. It can also provide you a comfortable retirement and peace of mind.

Trust Pilot
We are very happy to “highly recommend” Gavin Luka for providing his thoughtful, empathetic, personable yet professional service during the acquisition of loan process. Gavin’s ability to ‘make it happen’ in a calm, seamless manner at a very stressful time for us – meant a lot.
Thankyou Gavin, what a ‘star’. Blessings to you
ASAG are very fortunate to have you on their team. Well done.
Trustpilot
We are very happy to “highly recommend” Gavin Luka for providing his thoughtful, empathetic, personable yet professional service during the acquisition of loan process. Gavin’s ability to ‘make it happen’ in a calm, seamless manner at a very stressful time for us – meant a lot. Thankyou Gavin, what a ‘star’. Blessings to you
ASAG are very fortunate to have you on their team. Well done.
Trustpilot
I have been absolutely thrilled with not just the professional service offered by ASAG but also by their kindness and understanding. Compared to two other major Reverse Mortgage companies who between them took 13 months to decline my application due to me living in a resort I have found Gavin Luka at ASAG extraordinary in his patience with any amount of questions which were answered so promptly and in full. A very happy life ahead.
Trustpilot
dealing with paul and gavin was extremely easy and also very pleasureable. if taking out a reverse mortgage i would reccomend asag to anyone.
Trustpilot
I have used this company very recently and especially Gavin.He was so helpful in every way and talked me through everything that I needed to do.He was so polite , understanding and gentle with this gal as I was sick at the time but he just explained it all step by step and made the whole procedure as painless as possible though it wasn’t as easy a procedure as I’d hoped.They always answered the phone promptly and if Gavin wasn’t immediately available he’d always ring back very promptly.I can assure you this company is so easy to deal with.
Contact Us
Phone: 1300 002 724
Email: info@asagfirst.com.au
Opening Hours
Monday to Friday
8am – 5pm
Australian Seniors Advantage Group
Australian Seniors Advantage Group Pty Ltd
ABN: 55 604 197 275
Australian Credit Licence Number: 481816