The need for residential aged care is often sudden and decisions regarding how to fund a Refundable Accommodation Deposit (RAD) must be made with a sense of urgency. Such deposits may exceed $500,000. With our innovative Aged Care Loan product, you will rest at ease knowing that you will not have to rush to sell your property.
Funding a RAD
How to fund this payment is a complex problem for many families. La Trobe Financial offers a loan that can be used specifically to cover the Refundable Accommodation Deposit (RAD), reducing the stress for families at a very emotional time.
Our experienced team has developed a product that is easy for the customer and their family to set up, making the transition to aged care less complicated.
Please call our friendly team on 1800 777 000.