EQUITY LOAN

Release the available equity in your property.

Many people have improved their underlying wealth with the recent increase in property prices in Australia over the past 10 years.

In many circumstances, while you may have slowed your mortgage payments, your property price will have increased over this period, meaning that the equity (the difference between what your property is worth and what you owe on it) will have also slowly increased.

One way to help build your wealth is to use some of this available equity to invest in other income producing assets. Most importantly, the primary way to increase your wealth using the release of your equity is to ensure that the asset you invest in produces a greater income than the interest rate you are paying on your mortgage.

Another way to use the available equity in your property is to fund additional renovations or repairs on your property. Although you don’t receive any extra income using this method, if the renovations or improvements that you make are worthwhile, the value of your property may increase.

Crest is focused on ensuring that your financial life is managed to maximise investment returns and minimise risks.