As a licensed Credit Provider under the National Consumer Credit Protection Act 2009,  (NCCP), Inviva provides a range of important protections for consumers:

• Inviva’s Home Equity Release Loan comes with a no negative equity guarantee so you will never owe more than the value of your home.

• For loans with no term secured against your residential home, we offer you and any co-borrower(s) a lifetime occupancy guarantee.  This means we promise that, provided you are not in breach of your obligations to us, and the property is owner occupied by you, you and your co-borrower(s) cannot be removed from the property by us, and we will never force you to sell the property while you reside in it.  

• With our home equity release loan, you are not obliged to make any loan repayments until the end of the loan, when the full amount owing (including any capitalised interest) becomes due and payable in full.  

• Inviva requires that you obtain independent legal advice before entering the loan contract, to help ensure that you understand the contract, and your rights and obligations associated with it. It is your responsibility to pay for this legal advice.

• During the application process we will provide you with Equity Projections that illustrate the possible impact of the loan on the equity that you will retain in the property over time, depending on the loan amount, interest rate and changes in the value of your property.  You can also access the Reverse Mortgage Calculator on the Government’s MoneySmart website (w/ link).