The Loan to Value ratio (LVR) refers to the calculation of the loan amount as a percentage of the security value. Security value initially can be an estimate for refinances, until which point we receive a suitable valuation from an accredited panel valuer. Likewise, for a purchase, this will be the lower of the contracted purchase price or valuation.
Max LVRs per loan purpose:
Owner occupied (IO available):
90% Prime & Near Prime
85% Specialist
80% Specialist+
Investment (IO available):
90% Full Doc Prime & Near Prime only
85% P&I and IO Specialist, Full Doc and Alt Doc
80% P&I and IO on Specialist+, Full Doc and Alt Doc
Max LVRs as per security features:
Residential tower blocks:
Units in blocks of 4+ storeys there are new developments (built within 3 years) are limited to 80% including fees
