Australia mortgage reverse or lifetime mortgage is a type of loan available to Australian seniors (62 and over), and is used to release the house equity in the property as one lump sum or multiple payments. The homeowner's obligation to repay the loan is deferred until the owners death comes, the house is sold, or the owner leaves for aged care.

In a common mortgage the homeowner makes a monthly amortized payment to certaine lender and after each payment the equity raise within his or her property, and in common after 30 years the Australia mortgage is paid in full and the property is released from certain lender. In an Australia mortgage reverse, the home owner is no need to pay and all interest will be added to the lien on the property. If the owner receives annual payments, then the debt on the property will raise each month.

If an Australian  property has increased in value after an Australia mortgage reverse is taken out, it is possible to acquire a second or even third Australia mortgage reverse over the increased equity in the house. But in other countries, Australia mortgage reverse must be the first and only mortgage on the property.

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