Which type of equity release actually suits me? The Government’s Home Equity Access Scheme (HEAS) is aimed at eligible older Australians seeking a boost to their retirement income. For pension recipients, the combined pension and HEAS loan payment can be up to 150 per cent of the maximum pension rate. If you want to access more equity from your home — say, to help your kids with a deposit — then an equity release mortgage, also known as a reverse mortgage, offers more flexibility. Funds can generally be drawn down as needed, for example as a lump sum, regular payments, a line of credit, or a combination.