This would be lender specific. Some Banks/Lenders will still allow redraws even if your loan is fixed. Because technically the surplus is not what you were contracted to pay. These are extra funds.
So, best to check with your Lender. I am pretty sure if they a helping enough, there will be a way.
Kev replied to the topic Know a finance provider ? i want to borrow 90% value but not pay LMI in the forum Finance 5 years ago
Is there any Financial Institution that can lend against Investment Properties in USA?