EquityStart Loan

An additional loan of up to $50,000 for current public housing tenants.

The EquityStart Loan is combined with a HomeStart loan to boost your borrowing power. You can use it to buy the Housing SA home you’re living in (if it’s for sale), another Housing SA property, buy on the private market, or build.


Boost your borrowing power EquityStart is combined with another HomeStart loan to boost your borrowing power by up to $50,000.
Eligibility At least one current leaseholder in a Housing SA property, including Aboriginal Housing Authority and South Australian Community Housing tenants.
Deposit Deposit costs depend on which HomeStart loan you take out.
Buy or build Available in metropolitan and some regional areas across South Australia.
Save on Lenders Mortgage Insurance (LMI) We charge a Loan Provision Charge (LPC), which is much less than LMI for most borrowers.
Repayments Repayments are not required on EquityStart until you’ve paid your HomeStart loan portion in full.
Subsidised interest rate EquityStart has a lower interest rate equivalent to CPI.
Voluntary repayments Voluntary repayments will go to EquityStart first.
Use your equity As your equity grows, you may have the option to use it to renovate.

EquityStart Loan fact sheet

You can also learn more by visiting our educational website MyStart for useful tips on saving, budgeting and buying a home.

Terms, conditions, and eligibility criteria, fees and charges apply

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Level 5, 169 Pirie St, Adelaide SA 5000