Bommer Home Loans for Aussie retirees and soon-to-be-retirees

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PERTH (CU)_One of the key points of focus among banks nowadays is to win young customers, to become their main financial service provider and sell products to them. Accordingly, they are stepping away from the reverse mortgages space, to which a Perth fintech is looking to enter, targeting the over-55s who are struggling to top up income in retirement or repay mortgage debt.

The start-up, named Boomer Home Loans, will be launching next month with a suite of what is known as…

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