Your chosen broker or lender will work with you to determine the maximum amount you can borrow through a secured loan. They will think about various factors such as the value of your home in relation to the amount of the outstanding mortgage, your income and any other debts you have. This information will be used to tailor a loan package for you to consider. Most lenders will lend you a percentage of the value of your house, with some even going as high as 125% of your home’s value less the outstanding mortgage. Responsible lenders and brokers will want to ensure that the repayment is affordable for you, either by proving this or by you declaring that the repayment is within your capabilities against your income.