Home equity loans - Borrowing

Home equity loans

Use the value of your home to access funds

When you have put so much into your own property, you should be able to get more out of it. For people with substantial equity in their own property, an ANZ Home Equity Loan may help you borrow against the market value of your property to use the funds for whatever you desire. It could be to invest in stocks, pay for education or purchase a new car. Every loan will be different based on the equity in your property, so talk to us today to find out more.

With an ANZ Home equity loan, you can:

Borrow up to 50% of the value of the property
Enjoy a low competitive interest rate
Enjoy a term of up five years

All applications for credit are subject to ANZ's credit policy. Terms and conditions available upon application. Fees and charges apply.

To find out more, contact the ANZ Contact centre or get answers to common questions.

Common questions about ANZ Home equity loans

Q How much can I borrow?
A How much you can borrow is based on your individual circumstances (such as your income, financial commitments, current savings and credit history). With an ANZ Home equity loan, you can borrow up to 50% of the value of the property.

Q What documentation do I need?
A You will need to prove your level of income and employment details. Depending on your situation, you will need to show:

A letter confirming employment from your employer or copy of labour contract
Last two years financial statements or tax returns (if self-employed)
Business licences or patents (if self employed)
Evidence of other income
Bank statements
ID card, Family book (not applicable if you're an existing customer)
Red or Pink books
Registration certificate
Sale & Purchase agreement
Rental agreements & proof of ownership
Other information requested and required by ANZ to assess your application.

Q Are there any fees?
A Once your ANZ Home investment loan has been approved by ANZ, certain fees could be charged such as: a Loan Approval Valuation Fee to inspect the property and a Notary Public Fee. Ask ANZ for details.