Unlock the equity in your property, with no valuation
HomeSec releases equity from property you already own for a business purpose with no valuation, no income test and no bank statements. We lend up to 80% of a residential property's value or 70% of a commercial one, less what is owing, usually behind your current loan, which stays in place. Funding is possible in as little as 24 hours.
See if you qualify in sixty seconds. No credit check to apply, no financials, no payments for the first six months. That's the HomeSec Advantage.
See if you qualifyThe equity is already yours. The hard part is usually getting at it: the bank wants the house revalued, wants the business's figures, and wants to look again at the loan you already have. HomeSec skips the valuer and the income test altogether, which is how we offer Australia's fastest and most flexible business loans, with up to 6 months no payments while the money gets to work.
Unlocking equity at a bank, and with us
| Step | Typical bank top-up | HomeSec |
|---|---|---|
| Valuation | Usually ordered before an increase or a top-up | None |
| Income and financials | Typically assessed, often with an accountant's figures | Not required |
| Bank statements | Usually requested | Not required |
| Your existing loan | Often reassessed or restructured | Left exactly as it is |
| Repayments | Usually from the first month | Interest can be prepaid or added to the loan for up to 6 months |
A general description of how banks commonly approach an increase, not a statement about any particular bank.
Working out your equity, no valuer required
You probably have a fair idea what your property is worth, from a recent sale nearby or an agent's appraisal. That is enough to start, because we assess value ourselves and run the title search. Take that figure, multiply by 80% for residential property or 70% for commercial, and subtract what is owing. The answer is roughly what can be released. Our borrowing power calculator does the same sum for you.
What business owners use released equity for
- Clearing an ATO debt in one payment, made direct to the Tax Office. Tax debt loans.
- Paying out expensive daily or weekly repayment loans and replacing them with one loan that has no repayments for up to six months. Business debt consolidation.
- Taking an opportunity: stock at a discount, a contract that needs funding up front, a second site. Funding an expansion.
- Buying a business or a partner's share. Loans to buy a business.
No financials, no bank statements, no serviceability test
Because the release is secured on the property, your trading figures are not what decides it. We do not ask for tax returns, BAS or bank statements. A Lending Manager looks at the property, the equity, what the money is for and how the loan is repaid, and a person makes the decision.
Every application is read by a Lending Manager and every credit decision is signed off by a person. We do not use artificial intelligence to assess, approve, decline or price a loan.
For the full detail on how equity release works, see equity release business loans and business loans secured against your home. Pricing is set on your individual circumstances, with the sharpest rate available for your situation.
Releasing equity without a valuation
Can I unlock the equity in my property without a valuation?
How much equity can I release with no valuation?
Does releasing equity mean refinancing my home loan?
Can I release equity for personal spending?
What happens when I want to repay it?
Tell us the property, what is owing on it and what the money is for. 1300 93 83 87, Mon–Fri, 8:30am – 5:30pm Melbourne time, or apply online.
See if you qualify in sixty seconds
Three short questions, no credit check to apply and no financial statements. A Lending Manager reads it and calls you back with a real answer — not a call centre, not an algorithm.
That's the HomeSec Advantage.