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An ANZ Equity Manager line of credit unlocks the equity you've built up in your home so you can use it for investment, holidaying or everyday spending.
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Review by
Marc Terrano is a lead publisher and growth marketer at Finder. He has previously worked at Finder as a publisher for frequent flyer points and home loans, and as a writer, podcast host and content marketer. Marc has a Bachelor of Communications (Journalism) from the University of Technology Sydney. He’s passionate about creating honest and simple reviews and comparisons to help everyone get value for money.
The ANZ Equity Manager is a variable rate line of credit. This means the interest rate you pay can increase or decrease as the official cash rate does. This loan comes with three different borrowing power amounts:
The Equity Manager allows you to borrow a maximum of 80% of the value of the property being offered as security, although lender's mortgage insurance will be payable on amounts over 80%.