Home owners over 60 years of age can take advantage of HomeStart’s Seniors Equity Loan to fund a range of activities including home renovations.

With a Seniors Equity Loan, you could free the equity you’ve built in your home and spend it on:
  • a new car
  • a dream holiday
  • home improvements
  • supplementing your regular income to help you live more comfortably.
Watch how Cheryl and Allen got started on their dream renovations.



This reverse mortgage comes with a no negative equity guarantee so you will not owe more than the value of your home.

Your home remains in your name so you do not need to downgrade or sell it to achieve your financial goals.

Further, you do not have to make regular repayments and can choose to receive the loan amount as a lump sum or on an ad hoc basis.

It is a flexible alternative option to a personal loan and unlike some other lenders, eligibility starts at 60 years of age instead of 65.

So if you are considering what options are right for you, seek financial advice or talk to HomeStart today.