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Using your equity - Home loans

Using your equity

You've spent years paying off your biggest investment. Now it's time to reap the rewards. If you own at least one-third of your home, you are in a perfect position to create greater wealth by using that equity to access other investments. It's called 'gearing' and ANZ's range of equity facilities are a great way to go about it.

Benefits of equity facilities

Equity facilities can turn the equity in your home into a ready source of funds that can be used as a line of credit. You can borrow up to your agreed credit limit without having to make further lending applications and you have easy access to your money whenever you need it. Or, if you prefer, you can access your equity through a set term loan so that the funds are provided to you in one parcel with an agreed repayment structure.

And because the facility is secured against your home, the interest rate is set at very competitive home loan-like rates.

An equity facility such as ANZ Equity Manager allows you to borrow up to 80% of the value of your home for investment purposes without Lenders Mortgage Insurance (LMI) and up to 90%* with LMI.

While gearing can increase your financial assets faster than through more conventional strategies, it also involves some risk. You should consult your financial adviser and tax adviser to understand any potential risks involved.

Introducing ANZ Portfolio

ANZ Portfolio is the flexible, convenient way to structure your home and investment lending under a single limit to allow you to use the equity in your property so that you have more convenient access to funds.

Features include

While gearing can increase your financial assets faster than through more conventional strategies, it also involves some risk. You should consult your financial adviser and tax adviser to understand any potential risks involved.

Which equity facility suits my needs?

If you'd like more information about ANZ equity facilities or wish to talk to an ANZ Financial Adviser about gearing, call 1800 100 641.

Ways to apply for a home loan

Telephone iconCall us direct on 1800 100 641

* Please note: some insurer post code and property type restrictions may apply. All applications for credit are subject to ANZ's normal credit approval criteria.

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