Equity Loans

Use a Home Equity Loan as a wealth management and financial planning tool

House prices in Perth have boomed in recent years, leaving many homeowners with substantial home equity to help them in their retirement wealth management plans.

A Home Equity Loan opens a line of credit - up to 90 per cent of the value of your home - which can be repaid at home loan interest rates. Investors may choose to use an Equity Loan rather than an Investment Loan to purchase Perth investment properties or invest in other wealth management schemes.

Home Equity Loans, also called Line of Credit Loans, are also chosen by some homebuyers instead of a Standard Variable Home Loan because you can arrange to have your salary paid directly into a Home Equity Loan and then gradually draw from that home loan account for living expenses. This type of finance is an advantage because your home loan interest is reduced.

It you don't have substantial equity in your home but are looking for an investment property, find out more about our Perth Investment Loans.

Fill out the online form or phone on 08 9317 1900 to find out more.