Partial discharges

A partial discharge occurs when you have more than one property securing your home loan and you want to release or sell one, leaving at least one of your loan accounts open.

A partial discharge is subject to a credit assessment. To arrange this, please email mortgagevariations@macquarie.com.au with details of your request and supporting documents

You can also contact your broker who initially set up your Macquarie home loan to arrange your partial discharge request.

It’s important to note that if you are also subdividing the property, the subdivision must take place first before the partial discharge can proceed. For more information, see Home loan substitution of security request.

To process a partial discharge we will need the following:

• Completed and signed Discharge Authority Form. It is important to ensure the following information has been correctly completed:
  • which property is to be released (section 2),
  • select ‘Partial Discharge’ (section 3).
  • Form is wet signed by all borrowers. Electronic signatures won’t be accepted.