How do I release equity from my current home to buy property?

There are a few ways to access the equity in your home. One way is to do what’s known as a ‘cash-out’ refinance, and with this you’ll need to increase your loan amount to account for the equity you want to use or ‘liquidate’. Typically, your lender will want to make sure you are only borrowing 80% of your property’s value (some lenders allow up to 90% with LMI) so you’ll need to account for this when deciding how much equity you want to use.
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