Equity Explained: Is It Really the Shortcut to Getting Rich?

Everyone keeps saying “just use your equity” like it’s some kind of cheat code to getting rich… but what does that actually mean? To break it all down properly, Victoria sits down with Mortgage Broking queen Jaclyn Walsh to breaking down equity properly. We're talking what it is, how much you can really get, why the bank doesn’t see it the way you do, and when using it can genuinely accelerate your wealth. Because yes, equity can be powerful... but it can also lock you into more debt, more risk, and less flexibility if you don’t understand how it works.

In this ep: 
🏡 The equity myth most people believe
🏡 Why the bank can say no (even when your house has skyrocketed)
🏡 The 80% rule banks use to decide how much you actually get
🏡 When equity can boost your wealth… or cap your future borrowing
🏡 Why a value drop can leave you owing money after you sell
🏡 What question you should ask before releasing a single dollar of equity 

IF YOU WANT TO KNOW IF YOU HAVE EQUITY: You can contact the team at Zella here
and find them on Instagram. 

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Acknowledgement of Country By Nartarsha Bamblett aka Queen Acknowledgements.

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