Hi MTR
Cash out with low doc - even with BAS - usually has $ limitations at >60%LVR
Under 60%, without the mortgage insurance limitations, cash out is readily available.
QBE don't want Bank Account history or BAS but will allow only 'reasonable costs' for cash out, or at most up to about $50,000
Genworth will allow fairly serious cash out (for specific purposes) but want to see bank cash history, BAS receipts as well as ABN and GST registrations
However .... where there is a will there is always a way.
Depends on what you want to do and how much you want to do it.
By that, I am not saying 'Wow! It will cost you!' - losing a good opportunity for lack of cash may cost you a lot more than a bit of interest here or there.
So yes, there is always a lender and yes, a lender which will do the 'outside the square' deals will not be offering discounted rates.
I have just sourced a fairly hefty refinance with really significant cash out and this will cost my customer around the 8.5% variable - just like we were all paying back in 2008 - but if you were thinking along the lines of the better known lenders then up to about $50,000 cash out would be about it for now.
Hope this helps
Kristine