New loan scheme to help seniors unlock an income from their home
The scheme disburses an interest-free loan for an agreed portion of the home's future sales proceeds
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Singapore
RETIREES who are asset-rich but cash-poor can consider yet another loan scheme to help them unlock an income in retirement.
AN LIVING, self-described as a "socially conscious enterprise", has rolled out a "home monetisation'' loan scheme to help retirees who worry about outliving their savings.
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