Full-doc
What you bring
2 yrs ITR + NOA · company financials · BAS
- Rate from
- 6.14%
- Max LVR
- 80%
- Turnaround
- 14–21 days
- Lenders
- 8
SCENARIO
Cash-out / equity release: convert property growth into your next move
Owner-occupied grew, and you want to use the equity for an investment, commercial purchase, or business injection — lenders scrutinise cash-out purpose, but cleared purpose + documentation passes. We route by intended use.
Who this is for
- ·Owner-occupied with current LVR < 70% wanting to release equity
- ·Clear purpose: investment deposit / commercial purchase / renovation / high-interest debt payoff
- ·Short-term business working capital (lender appetite varies widely)
- ·ABN ≥ 2 yrs · servicing supports the new loan amount
What we handle
- ✓Cash-out purpose-to-lender matching (investment / commercial / renovation / debt consolidation)
- ✓Top-up vs full refinance structural comparison
- ✓Equity sizing + 80% LVR policy (some lenders 90% with LMI)
- ✓Purpose evidence: contracts / quotes / investment plan
Documentation Pathway Matrix
Find the rate, LVR, and turnaround that matches the documents you can supply.
Alt-doc
What you bring
6 mo bank statements · ABN ≥ 2 yrs · self-declaration
- Rate from
- 6.54%
- Max LVR
- 75%
- Turnaround
- 14–28 days
- Lenders
- 9
BAS-only
What you bring
4 quarters of BAS · ABN ≥ 2 yrs
- Rate from
- 6.64%
- Max LVR
- 70%
- Turnaround
- 10–21 days
- Lenders
- 5
Accountant letter
What you bring
Signed accountant declaration · 6 mo bank statements
- Rate from
- 6.74%
- Max LVR
- 70%
- Turnaround
- 14–21 days
- Lenders
- 4
Indicative only — actual rate and LVR cap subject to lender formal approval.
Honest trade-offs
- ⚠Cash-out for business working capital — most lenders treat as high risk, often capping at $50k or declining outright
- ⚠Cash-out usually cannot fund shares / crypto / gambling — lenders require fund-flow evidence
- ⚠Vague purpose ("personal use") is auto-declined — purpose must tie to a specific contract or quote
Frequently asked
Why are lenders so focused on cash-out purpose?
APRA classifies cash-out as elevated risk — especially when purpose is unverifiable (suspected of speculation or rate arbitrage). Specific purpose + supporting documentation makes approval far easier.
Top-up vs full refinance — which is better?
If your current lender's rate is still competitive, a top-up (a tacked-on equity loan) is fast and cheap ($0–500 setup). If the existing rate is noticeably high, a full refinance that simultaneously cuts the rate is usually better economics.
Can I take cash-out for business working capital?
Lender-dependent, but most mainstream lenders treat working capital as high-risk — usually capped at $50k or declined. For larger amounts, a business loan is normally the better route than home-equity cash-out.
Are cash-out rates higher for self-employed?
Cash-out itself usually adds 0.1–0.2% rate loading; stacked with self-employed alt-doc adds another 0.3–0.5%. Full-doc self-employed generally has no extra loading.
Next step
3-minute pre-check for cash-out
Drop a few basics. We cross-check 40+ lenders against your situation and return how much you can borrow + which doc pathway is right for you.