Home Equity Loan

Home Equity Loan

A home loan that helps existing HomeStart customers to unlock their home's equity.

The Home Equity Loan helps you access up to $20,000 in equity in your home and is available to fund:
  • House related expenses such as home improvements, repairs and maintenance
  • Non-house related expenses like purchase of a motor vehicle or urgent repairs required to support employment, medical treatment, debt consolidation* including council and water rates.
* You can only have one debt consolidation transaction for the life of the loan up to $20,000

Please note the following:
-  To access more funds you must have equity in your home.
-  You must provide current income and expenditure information.
-  You need to be on a variable rate home loan with HomeStart.
-  Fees do apply and depend on whether a new valuation is required.
 

Contact HomeStart to discuss your options and to apply for this loan.

*You can only have one debt consolidation transaction for the life of the loan up to $20,000.
Eligibility criteria, terms and conditions apply. Fees and charges are payable.