Your home is one of your greatest assets — and with an equity release loan, you can access some of that value to help fund your goals and improve your lifestyle.
Whether you’re looking to renovate, support your retirement income, help family members, or fund a personal project, AJ Home Loans can help you explore the right equity release options for your situation.
We provide expert guidance and compare a wide range of products, so you can make informed decisions about how to best use the equity in your home.
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What is an Equity Release Loan?
An equity release loan allows you to access some of the built-up value (equity) in your property — without needing to sell your home or move out.
This can be done through various loan structures, including:
- Home equity release loans
- Reverse mortgages or lifetime mortgages
- Home reversion plans
- Line of credit loans secured against your home
The right solution depends on your goals, your stage of life, and how you want to manage your finances going forward.
Why Consider Equity Release?
There are many situations where releasing home equity can provide significant benefits:
- Supplement retirement income to improve lifestyle
- Fund home renovations or repairs
- Assist family members (for example, helping children with a home deposit)
- Cover medical expenses or aged care costs
- Consolidate debts to reduce interest costs and simplify finances
- Access funds for new investments or personal loan goals
We’ll help you carefully weigh the pros and cons of each option — so you can access your home equity safely and effectively.
Who is Eligible for an Equity Release Loan?
Eligibility will vary depending on the type of loan and lender, but generally:
Who Is Eligible for an Equity Release Loan?
Eligibility criteria for an equity release loan typically include:
- Homeownership: You must own a property, usually your primary residence.
- Property Value: Your home should have sufficient equity (value minus any existing mortgage).
- Financial Stability: You need to demonstrate a stable income or financial situation to manage any ongoing costs.
- The property must meet lender criteria regarding value, type, and location
- Your personal and financial circumstances will also be assessed to ensure suitability
If you’re unsure whether you qualify — or if equity release is the right choice — we’ll guide you through your options and help you make an informed decision.
Our Process for Equity Release Loans
1. Initial Consultation
We’ll take the time to understand your goals, financial needs, and personal circumstances.
2. Explore Equity Release Options
We’ll explain the different options available and help you compare suitable products.
3. Application Support
We’ll manage the application process for you and liaise with lenders to ensure the best possible outcome.
4. Approval & Funds Access
Once approved, you can access funds as a lump sum, a regular income stream, or a combination — depending on your chosen product.
5. Ongoing Advice & Support
We provide ongoing support and reviews to ensure your equity release solution continues to suit your changing needs.
FAQs About Equity Release Loans
Can I stay in my home if I take out an equity release loan?
Yes — you retain the right to live in your home for as long as you wish, provided you meet the loan terms.
Will my family still inherit my home?
Equity release reduces the value of your estate, but any remaining value after the loan is repaid will go to your estate. We’ll help you understand the impact and ensure it aligns with your wishes.
Are there fees involved?
Yes — there may be setup fees, valuation fees, and interest costs. We’ll clearly explain all costs so you can make an informed decision.
Why Clients Trust AJ Home Loans
- Personalised advice — we tailor solutions to your individual needs
- Trusted local expertise — 20+ years serving local homeowners
- Access to a wide range of home equity release products
- Clear, transparent advice — no hidden fees
- Family-first approach — helping you make the right choice for you and your loved ones
Ready to Explore Your Equity Release Options?
If you’d like to understand how to release equity from your home, we’re here to help.
Contact AJ Home Loans today for a friendly, no-obligation consultation.
- Phone: 0409 311 985
- Online Enquiry: Use the contact form located above or on our contact page.
AJ Home Loans — Helping local homeowners access smart, flexible equity release solutions to fund the future they deserve.