Home Equity Loans
A home equity loan allows you to borrow against the equity in your home. Since these loans are backed by a hard asset (your home) most banks allow a wide range of uses…
- consolidate debt
- buy properties
- live better
Equity loans are very flexible. In most cases you can use as little or as much of the loan as you need, and only when you need it. With the rapid rise in Australian housing prices, more and more home owners are tapping this inexpensive source of credit.