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In theory, the maximum loan will equal the value of the equity you own in your property. By "equity" we mean the open market value of your property less the value of any outstanding debts that are already secured against it (for example your mortgage).
Having said that, apart from mortgage companies, few lenders will lend up to 100% of your equity. They normally want to have the comfort of leaving some equity in your hands. Then, if property values were to fall and they had to repossess your house, they would be more likely to recover all they were owed from the sale proceeds. Some loan companies will want to see at least 15% of the value of the property remaining in your hands, other may want to see more than that.
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