The Dreamer
We love working with Dreamers!
- Are you stuck in the monotony of life but dreaming of something new and exciting?
- Is it a caravan to take the family around Australia?
- That trip around Europe you've been dreaming of since COVID denied us all the chance to travel?
- That new car smell?
- A pool that you've promised the kids?
- Buying an investment property or shares to build long term wealth?
- Or a new bathroom and kitchen renovation that your husband promised you when you bought the old house?
Sure you could probably get a personal loan or put it on your credit card if you’re happy to pay 22% interest rates. But have you considered a home equity release?
But what is equity? Equity is the difference between the value of your property and the amount you still owe on your home loan. And you can access this equity to improve your lifestyle and deliver those long held dreams. And you’re doing it at much lower home loan interest rates compared to personal loan or credit cards rates. Thanks to soaring property prices across Australia in the last decade, we all have more equity than we’ve ever had before.
Most of our clients who are looking for an equity release also take the opportunity to refinance their home loan and get a better interest rate along the way. In fact, many of our clients have ended up with a lower monthly repayment through a lower interest rate, even though they have borrowed more money for their renovation or caravan.
It’s important to note though that not every bank is happy (or easy) to complete an equity release. Some want building or car quotes, want detailed breakdown of the funds, want to control the funds, or cap the amount you can get. We know from experience which of our 32 lending partners are the ones to go to for an equity release, and more importantly we know the way to structure the loan application to make sure it gets approved.
So let us help turn that dream into a reality – without costing you a small fortune.