I want to use my equity

The equity in your home is the difference between the current market value of your home and any outstanding loan balance.  Some people access their equity to increase their nest egg through investment in property, shares or managed funds, or to accelerate repayment of more expensive debt such as credit cards and personal loans.  Others access their equity to fund lifestyle choices such as the purchase of a new car or furniture, home renovations, or overseas travel.  Your equity can also be used to give you peace of mind as it can be accessed to meet emergency expenses. Retirees are able to access their equity to get money to live off.

Equity can be accessed using many different loan types such as basic and standard variable rate loans, lines of credit, all-in-one loans, fixed rate loans, and lo doc and no doc loans to name a few.