1300 893 199

Home Equity Loans

Home Equity Loans with Funds Paid in 48 Hours* - up to 80% Property Value1

* Expect a short delay processing your request

Get Started
609 Google Reviews
Nicole Rumenos
Made it every easy for me and very reasonable interest if you choose to pay later
March 2023
Aleisha Puca
Completely seamless process! Highly recommend.
March 2023
Raymond John Melton
I found this Business a pleasure to deal with, professional, expedient, & simplistic. highly recommend this Business & its Services to anyone seeking assistance pre, during or post selling a property.
March 2023
Lesley Cooke
The answer to my prayers! Wanting to sell a house but not having the funds to show it off correctly was a worry. This system has allowed me to tidy up the place and market it well. Can I give six stars? Worth it
March 2023
A wonderful Company, that you can use when you don’t have any extra money coming in from rent, while in the process of selling your place. It lifts a lot of pressure off us. What a great service. Total recommend to all my friends.
March 2023
Meg G
This is a fantastic service that reduces the financial pressure of selling your home when there’s already so many expenses! Highly recommend!
February 2023
D Scotcher
Definitely helps with the cash flow when selling the house …. Fees come out of settlement funds
February 2023
Kitty Hunter
A big shout out to Mel who is an absolute delight to deal with - she's extremely knowledgeable with any queries that I have, is always prompt to respond with further information if required, and is just lovely to deal with in general.
February 2023
Troy Matheson
Great idea and helpful in tough times when so many expenses come up when selling a property
February 2023
Kristy-Lee Guazzo
Karyn at explore is efficient, responsive and delivers exceptional results. She made the process of selling our properties extremely easy.
January 2023
Casie Black
Mel, from the customer success team was nothing short of efficient. Thank you for making life easy.
January 2023
Donna Hansen Clish
These guys really go the extra mile they know what you want and make it happen. Dreams really do come true.
January 2023
Ritesh Jain
Daniel Waters is amazing. He is very knowledgeable, helpful and always ready to help. I will highly recommend his service.
January 2023
Jason Lamaro
This place has taken the stress out of the process ,i recommend these guys to anyone new to the process of selling a property
January 2023
Laura Twining
Great service, easy to use - takes the financial pressure off at an already stressful time
December 2022
Wendy Young
I’m impressed with the level of professionalism and like that I am constantly informed of what is happening
December 2022
Lilo Stadler
A well thought out service, easy to understand and use. The cost is not prohibitive. So far I cannot see any reason for not using it and I shall report again at the conclusion of the process.
December 2022
Leanne Coleman
Great system, giving option to pay advertising on settlement, smooth very easy to use!!
November 2022
Terry Mezger
Easy to use. Good repayment terms that allow for settlement terms
November 2022
Star Guo
It is a easy and quick process to arrange my marketing fees to be paid after the property is sold. Great service and very handy!
November 2022
Olimpia Chilnicean
Very professional and friendly service, doesn't waste time. Good communication
October 2022
Stephen Choy
Great service and understanding of individual circumstances to accommodate with this service for our property sales journey
October 2022
Leonie Kitchen
We have had many experiences selling property, however this is our first experience having the opportunity to defer Advertising costs. This is a good service to allow extra time and hopefully deduct costs at settlement.
October 2022
Heath Family
Makes managing payments so efficient, takes the worry out of $$ management, giving you the option to defer your payments takes so much stress out of an already hectic time... press and forget
September 2022
Kieron Gubbins
Very prompt professional service and would definitely use them again.
September 2022
Tom Morris
I used this service to pay the marketing costs of listing my property, and it was a very easy and seamless process.
August 2022
Anna Devlin
Very quick and easy to get the application approved, and one less thing to stress about when selling your home.
August 2022
Dani Evans
Such an easy, straight forward process! Super fast, we had our approval overnight, we applied outside of business hours and Sam phoned by 9am the next morning. Very simple to use interface and the links provided were very self explanatory, even gave a breakdown of fees. Sam was an absolute lovely bloke to deal with and so helpful! Cannot fault our experience and would recommend 100%
August 2022
Kim Kelly
Being able to defer payment was fantastic for us. Our campaign was able to commence immediately and our house was on the market straight away. This is certainly a bonus
July 2022
Alex Speirs
To all concerned, it's been really good working with Realty Assist, they understand that the initial outlay of selling your property can be stressful and in this day and age money can be tight for most families. Realty Assist helps reduce the stress by deferring the on costs until the property sells. Thanks for your understanding Realty Assist.
July 2022
Dellas Port
Wow! What a fantastic way to assist seller's by deferring market costs until settlement. And so easy to use. Not only do they take the financial stress out of putting your home on the market, but they will even lend you more money to fix up those little things around the house so that you can present your home in the best possible way. And again, repayment is deferred until settlement. Cannot recommend more highly.
June 2022

Can I Get a Home Equity Loan Fast?

SettlementAdvances.com.au offers a fast home equity loan option, called a settlement advance.

If you need your home equity loan during the process of selling your existing home or property, then this may be a good option to consider. Settlement advances can be funded very quickly, from 24 hours to 48 hours in most cases - provided we have the necessary documentation.

Settlement advances can be used for pre-sale preparations and sale advertising expenses as well as providing access to the equity you have built up in your property, prior to the settlement date - when you have an unconditional offer. This helps bridge the gap, allowing you to put down deposits, bid at auction or purchase a property, without being help back, waiting for the settlement date, where the opportunity available to you, may have passed.

They may also be used for other purposes, when you have an unconditional offer in place - it's up to you.

How to Qualify for a Fast Home Equity Release?

Settlement advances give you fast access to the equity you have built up, in your home. In order to qualify for home equity release or a settlement advance, you need to have enough equity in your property, to cover your loan with us.

To be eligible for a home equity loan with us, you must own and have built up equity in your property, or have recently sold your property, but do not yet have access to the funds which will be dispersed at settlement.

We can only approve settlement advances, up to the value you have in your property1. Your credit history may not affect your ability to qualify - unlike with traditional bridging loans - as we do not always need to run a credit check.

Fast home equity releases are also known as fast bridging loans and our settlement advances are short term bridging loans.

Do You Qualify for a Home Equity Loan?

In order to qualify with Settlement Advances with your home equity loan enquiry;

You must:

  • Be over 18 years of age
  • Be an Australian resident or citizen
  • Own or have a mortgage on your home or property
  • Be selling( or have recently sold) your home or property
  • Be able to solve your cashflow needs with a home equity loan
  • Be able to repay your advance on settlement( when your property sells)

Get Started

What Can Home Equity Loans be Used For?

Home equity loans can be useful in a number of situations, where you are asset rich( in a property) and have a shortfall in cash and need access to your equity fast.

If you are in the process of selling your property, you know that when your property sells, the equity that you have built up in your property will be available to you, however if you need to make use of that locked up equity before the settlement date, a home equity loan may help.

Some common examples include:

  • Getting an advance prior to the property sale for essential repairs
  • Putting down a deposit on your dream property
  • Bidding at auction for your dream property
  • Completing a property purchase to an agreed date - before your sale completes

How it Works - Home Equity Loans

Selling or Sold Property

Selling Property
You are selling or have sold your property but you need access to some or all of the settlement funds - fast - before it settles.

Get in Touch

Get in Touch
You get in touch and let us know how much and how fast you need access to your settlement funds.

Process Application

Process Application
We review your details, process your application ASAP and keep in touch with you at every step.

Pay Settlement Advance

Pay Settlement Advance
We quickly pay your settlement advance into your chosen account, as soon as your application has been approved and you have agreed terms.

Use Advance Funds

Use Advance Funds
You use your advance to bid at auctions, put down a deposit, buy your new home, make repairs or for any other approved settlement advance purpose.

Need More Time?

Extend Advance
Your advance is set up to run for 60 days. However, if you need more time before your property settles, please contact us for assistance.

Property Settlement Completes

Settlement Completes
Your property settles and your Settlement Advance is automatically repaid out of the settlement funds.
Your Home Equity Loan application will take only a few minutes to complete, so you can get your funds as quickly as possible.

Compare Settlement Advances to Bridging Loans

Settlemet Advances Logo Typical
Bridging Loans
Borrow up to Available Equity1 tick cross
Same Day Approval tick cross
Typical Funding Time 24 - 48 Hours 2 - 3 Weeks
No Application or Admin Fee tick cross
One-off Credit Fee2 tick cross
Get Started

Home Equity Loans Calculator


Standard Rates

VIP Rates*

Example Advance up to 60 Days1

Get Started

Home Equity Loan Costs Chart - Examples up to 60 Days

Example Borrow Repay
Preparing for Sale Costs $10,000 $10,600
Property Advertising Costs $15,000 $15,900
Pre-Sale Property Repairs $25,000 $26,500
Deposit for New Property $80,000 $84,800
Bid at Auction for Property $150,000 $159,000
Purchase Property $500,000+ VIP Rates*

Frequently Asked Questions

What is a short term equity loan?

Home equity loans are generally set up as a second mortgage loan, and they generally run for 5 to 10 years or longer.

A short term equity loan with Settlement Advances, is set up to run for an initial 60-day period - which is enough in most cases. They are generally used when the vendor is in the process of selling their property and needs quick access to the funds or equity, before the property finally settles. Settlements can take weeks or longer, but the general principle is that, as soon as the property does sell and settlement completes, the loan is automatically repaid, at that time.

What situations can short term home equity loans be used?

Short term equity loans are used to bridge the gap between selling a property and the release of funds on the settlement date. They are used when the vendor or seller needs quick access to their equity that they have built up in the property, and they just can't wait till settlement.

Some common examples are listed below:

Pre home sale listing

  • Home renovation costs before listing the property for sale
  • Home and garden repairs and maintenance pre-sale
  • Home advertising costs to list the property

Pre settlement date

  • Deposits on new properties
  • Bidding for properties at auction
  • Purchase a new property

Can I use equity in my home for renovations?

Yes, with Settlement Advances, you can get an advance on the equity you have in your home, for the purpose of preparing it for sale.

This may be a good option to increase your chances of a quicker sale and at a higher valuation. If you have no intention to sell, at this time, then a home equity loan with us is not a good option, as these are short term loans, intended as a quick solution, to be repaid in 60 days (which can be extended), when the property sells.

Can settlement advances be approved on the same day of application?

Yes they can. Please select 24 hours when you apply, and our staff will call you back ASAP and let you know what is needed to get your application across the line ASAP in an emergency.

Examples of documentation required:

  • Contract of Sale - (if applicable) for the property you are selling or advancing against
  • Mortgage Statement - PDF document issued by your mortgage provider
  • Solicitor or Conveyancer - (if already arranged) their name, company and contact details
  • Identity Verification - A clear, colour photo of the front and back of your Driver's Licence

Are there any fast equity loan options?

Yes there are. Settlement advances are a fast equity loan option.

They are suited to vendors who are in the process of selling their property or have just sold, but need quick access to the funds from the sale, before the settlement date. Advances can be paid out in 24 to 48 hours, depending on your needs. They are a short term loan option, where the loan will need to be repaid quickly, at settlement. Advances are set up for an initial 60-day period, which can be extended, if the settlement has not concluded yet.

How long does the application take?

It is a fast application, which should take you only a few minutes. We do not ask any unnecessary questions, and only need your contact details, the property selling or sold, the purpose and amount of the advance and how much and how long you need it for.

How much could I borrow or advance with a home equity loan?

Most home equity loans will lend up to around 80% of the equity you have in your home, or if you own the property outright, they may lend up to 80% of the expected sale price of the property. They are generally subject to credit checks, as with other traditional lending options.

With Settlement Advances, we do not need a property appraisal, which could slow down the approval process. We can lend up to 80%1the available equity value that you have in your property, minus our fees1 - our maximum advance amount is $5,000,000. Approval can generally be done in 24 to 48 hours, however we are able to approve and fund on the same day, when urgent.

How much will a settlement advance cost me?

This will be dependent on the amount you borrow and how long it is needed for. See the Repayment Costs Chart for some examples.

Check out our Costs and Charges page to use our loan calculator.

When do I have to repay my settlement advance?

Settlement advances are a short term home equity loan option. They are used to cover the gap between selling your property and the final settlement date, when the funds are dispersed. Our advances are set up for an initial 60-day loan term; if you find that this needs to be extended, should the settlement date be delayed, or you have not yet completed the sale of your home or property, then please contact us to discuss.

What documents or details will I need to provide?

These will depend on your progress from deciding to sell and any unconditional offer on your property. See some common documents we require, as below:

  • Contract of Sale - (if applicable) for the property you are selling or advancing against
  • Mortgage Statement - PDF document issued by your mortgage provider
  • Solicitor or Conveyancer - (if already arranged) their name, company and contact details
  • Identity Verification - A clear, colour photo of the front and back of your Driver's Licence

How can I speed up my equity release approval and funding?

To help speed up your equity release application, complete the short enquiry form above, which should only take 3 or 4 minutes, give us your advance details (make sure to select '24 hours'), contact details and property details straight away. We will give you a call back, so be ready to accept a phone call from us or give us a call directly to 1300 893 199, during office hours.

Does my home need to be appraised for a home equity loan?

For traditional home equity loans, yes it does.

However, SettlementAdvances.com.au works a little differently and we do not require any property appraisal, which could slow down the approval and funding process.

  • For pre-sale preparations, we can lend up to $50,000 (in some cases) for repairs and property advertising and listing costs - via our Vendor Paid Advertising product
  • From unconditional offer to settlement, we can lend up to your property value1 or the equity you have in it

Can I get a home equity loan to buy a property before my house sells?

Yes, it is possible1. We offer advances on your upcoming settlement, for unconditional offers, up to the value of the equity you have in the property. Advances can be approved and paid to you in 24 hours when urgent, but generally in 48 hours.

Should I sell my home or buy a new home first?

This will depend on a careful look at your financial situation and needs. To help mitigate the complexity in the question, it is possible to both sell and buy, at the same time.

Settlement advances offer a solution, allowing you to purchase a new property, when your current property has an unconditional offer, but may take weeks for that to proceed through to settlement.

During the waiting time, you may find a new property that you would like to put down a deposit on or purchase outright. In these situations, a settlement advance can give you quick access to the cash you need, in order to make the offer and purchase the property.

How do I get a short term loan for property repairs before I sell my home?

Settlement Advances (via our Vendor Paid Advertising product) can help with pre-sale costs for repairs, renovations or even cover the advertising fees involved when listing your property.

How long is a settlement advance loan for?

Settlement advances are set up for an initial 60-day loan period. If this needs to be extended, please contact us to discuss.

Is a home equity loan the same as a second mortgage?

In some cases, yes it is. If you have a mortgage already on your property and take out a home equity loan, then it is considered a second mortgage. If you own the property outright, but take out a home equity loan, then it is not considered a second mortgage.

What parts of Australia do Settlement Advances cover?

We cover properties in every state in Australia. If you need a short term bridging loan in Australia, we are able to provide a settlement advance option.

Customer Stories - Releasing Their Home Equity*


Susan was advanced $260,000 on her home settlement to purchase a retirement home

Susan was looking to purchase in an over 55's. Retired and equity rich but cash poor, she was unable to service a loan for the deposit to make the purchase into the new property.

RealtyAssist was able to help with the entire purchase price of $260,000 in under 48 hours and Susan settled on her new place before she settled on her sale. The sold home settled two weeks after she was already happy in her new home.


Martin was advanced $88,000 on his home settlement to bid at auction

Martin sold his property on a Tuesday and wished to attend an auction on the upcoming Saturday to purchase his new property. Unfortunately, the banks advised a wait time of approximately 14 days to get a bridging loan in place. This would mean Martin would miss out on the auction and perhaps buying his next home.

Luckily, with RealtyAssist, Martin was quickly advanced $88,000 from his sales settlement on the same day he applied and was able to bid at the auction. He was successful in winning the auction!

Martin got the home he wanted and got the funds in his account within 15 minutes of his application for a small fee of just $3,695.

Also See:

Bridging Loan Alternatives - Our settlement advances are a great alternative to bridging loans, when you need access to some or all of the property sale funds quickly and only for a short time.

Short Term Bridging Loans - Settlement advances are a type of short term bridging loan or a bridging loan alternative.

Fast Caveat Loans - Caveat loans are a type of loan, secured against the property title by caveat.

Buy Before You Sell Your Home - It is possible to buy before you sell your current home. Check out the advantages and disadvantages?

We're Here to Help!