To learn more about Westpac's other home loan tips, go to http://www.westpac.com.au/toptips
Hi, I'm Lesley from Westpac.
Here are 3 ways to leverage your home equity.
Equity is the part of your home you own.
Tip 1 is to move house.
Your home equity may allow you to move straight into a new property, without the need to save a deposit.
Tip 2 is to renovate. Dreaming of a new kitchen?
Home equity could make that dream a reality.
Take a repayment holiday.
If you've paid extra into your home loan, you may be able to take a repayment holiday.
Talk to us about how we can support you.