Drawing on equity

Hi Everyone, just a quick question, do i still need to show the banks genuine savings if i am drawing equity out of my PPOR for my next IP?

all mine is currently tied up in shares so i wont have the 5 - 10% they are currently asking

quick update:
my place invarsity lakes qld that i bought 3yrs ago at $323,000 is now valued at $420,000 :)

place in Loganlea Qld i bought in May last year for $270,000 is now sitting at 300 - 310,000

everything is going smoothly so far!

Regards,
Brett
 
yep, will be the 3rd different bank for 3 loans haha

spoke to broker, looks like its all good, next wed might be putting n an offer on some nice place hopefully
 
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