Home Loan Equity Release

Unlock the value of your home loan equity

If you're a homeowner in Australia looking for a way to access cash, a home equity may be the solution you need. A home equity allows you to borrow against the equity in your property, providing you with the financial flexibility you need to achieve your goals. With a home equity, you can often borrow up to 80% of the value of your property, with flexible repayment terms ranging from 1 to 30 years. Our mortgage brokers will help secure an equity loan with interest rates that are highly competitive, making it an affordable option for homeowners who want to unlock the value of their property. Whether you're looking to renovate your home, consolidate debt, or make a large purchase, a home equity loan can help you achieve your goals. And because it's a secured loan, you may be able to access larger loan amounts at a lower interest rate than an unsecured personal loan. Our application process is quick and easy, and our team of experienced mortgage brokers are here to guide you through every step of the way. So, if you're a homeowner looking for a flexible, affordable way to access cash, apply for a home equity loan with us today and take the first step towards achieving your financial goals.

 How can I build my home equity?

There are a few ways to increase your home’s equity which could increase the value of an equity home loan. Here are some ways to do it:
  • Increase Your Payments – If you increase the frequency of payments on your home loan each month, this will increase the amount of equity and the pace at which you accumulate equity. As you continue to pay down your loan, you increase your equity.
  • Pay More – Instead of increasing the frequency of your payments, you could just pay more each time you make a payment. This will also reduce your loan principal faster which will increase the equity in your home.
  • Renovate the Property – Renovating the home will increase its value which in turn, increases the amount of equity you have in the home. You can get pre-approved for a renovation home loan to start funding renovations to increase your equity.
 What is house equity & how can you use it? Equity is the property value that you own and is measured by determining the balance of your loan versus the value of the property. For example, if your home is worth $500,000 and you owe $250,000 on your  loan for home, then the equity in your home is $250,000.  Accessing your home’s equity starts with a home valuation to see what the value of your property is If the value has increased during your time of owning it, it means you’ll have more equity in your home than you thought. If the value has decreased, chances are you will have less equity and it might not be the right time to take out a home equity loan.In some scenarios, homeowners may actually become underwater or “upside down” on their mortgage. This means that the total amount owed on the home is more than the value of the property.If you have positive equity in the home you could be eligible to receive up to 80% of the current value in the form of an equity of loan for home. Your local mortgage broker, Loans and Mortgages in Australia, is here to help you come up with a plan. If you’re looking equity of home loan or purchase a new home in Sydney, Blacktown, Penrith, Parramatta, Hornsby, Liverpool, Mascot and near by areas of Sydney. Our services are also extended all over Australia. For more details call us on 0403 803 470., let’s talk!

Ready to speak to an adviser?

Talk to an expert