Why choose Your Home Equity?
At Your Home Equity we’re dedicated to helping Australians over 55 find the best reverse mortgage loan to fund their retirement needs.
We are specialist accredited brokers and fully compliant with all government regulations and requirements, so you can have upmost confidence in our service and peace of mind.
We have the skills and experience to guide you through your options, and all the ins and outs of using your home equity for a more comfortable and happy retirement.
Whether you need a little more income each month, or you’d like to refinance debt, pay for medical expenses or aged care, or finally take off on that big overseas trip you’ve been dreaming of, we can help you access the funds you need to do more and live better.
We make it easy, doing all the heavy lifting and legwork for you so you can relax and start planning what you’ll do with your new improved retirement.
Meet the team
Scott Phillips – Managing Director & Mortgage Broker
Co-founder, Your Home Equity
Scott Phillips brings over 35 years of experience in financial services, with a strong foundation in banking, financial advice, and mortgage lending. Having held senior leadership roles within major banks, retirement and financial planning businesses, and fintech startups, Scott’s career spans retail, business, and commercial banking, retirement and financial planning, fintech product development, and regulatory governance.
Scott previously co-founded Australia’s first online financial advisory and reverse mortgage broking company Smooth Retirement, and was co-founder of startup Boomer Home Loans, an online non-bank lender dedicated to over 55s. He has spent much of his career working in retirement funding and planning, and has also worked as a financial adviser and business consultant.
At Your Home Equity, Scott’s focus is on business strategy, broker operations, and helping clients understand the options available to them in retirement lending.
Scott is an Authorised Credit Representative (No. 547787) of QED Services Pty Ltd trading as Pursuit Broker Services; Australian Credit Licence 387856, ACN 147 272 296.
Jacqui Phillips – Business Manager & Marketing Lead
Co-founder, Your Home Equity
Jacqui Phillips is a marketing and business operations professional, with more than 8 years’ experience in the reverse mortgage sector and building service-based businesses. With a strong focus on customer experience and digital engagement, she has worked across client services, systems development, marketing, and broker support roles.
Jacqui played a key role in the development of Smooth Retirement and Boomer Home Loans, where she oversaw brand development, campaign planning, and process design to support efficient customer journeys. Her ability to combine marketing strategy with operational know-how has been integral to the launch and growth of Your Home Equity.
In her current role, Jacqui leads broker support, client onboarding, business operations, and marketing—ensuring every part of the client experience is cohesive, compliant, and clear.
Wade Westphal-Groves – Reverse Mortgage Broker
Specialist in Later Life Lending
Wade Westphal-Groves is a seasoned financial services professional with more than 35 years’ experience across retail, business, and transactional banking, lending, and financial advice. He has held senior roles, including leadership positions at Bankwest, CBA, and Boomer Home Loans.
Wade’s background includes managing specialist teams, building lending tools, and developing client solutions in highly regulated environments. At Boomer Home Loans, he was Head of Third Party, helping to develop calculators, tools, and broker strategy. Earlier in his career, Wade worked extensively in transactional banking, cash management, and financial advice roles.
Now transitioning into mortgage broking, Wade brings a client-first approach, deep operational knowledge, and a strong understanding of the financial needs of older Australians.
Wade is an Authorised Credit Representative (No. 568328) of QED Services Pty Ltd trading as Pursuit Broker Services; Australian Credit Licence 387856, ACN 147 272 296.
How much could I borrow?
Advantages of using an accredited mortgage broker
Brokers are industry professionals who act on the behalf of borrowers, assisting them to find the best home loan deal to suit their needs.
All Australian brokers, including reverse mortgage brokers, operate under a strict series of laws and regulations, the two most important being Best Interests Duty and Responsible Lending.
Brokers operate independent of lenders and are duty bound under Australian law to act in the best interests of the borrower(s).
They are generally paid a one-off fee by their clients for their services, as well as a fee and ongoing commissions by the lender for each loan customer they refer.
Industry Accreditation & Memberships
