Eligible Securities

These maximum Loan to Valuation ratios (LVR) are a useful guide so that you know the percentage of a securities value we will consider . On an individual transactional basis, lenders and investors may consider differential factors such as the location and the likely secondary market for a particular security, which could reduce the LVR for that security. Naturally, all loans are subject to the lenders assessment of serviceability and worthiness.

Residential Property

Security Type	Full Doc Max LVR%	Lite and Doc Max LVR%
Improved properties (Houses, Residential Units & Apartments, Townhouses) 2 or more bedrooms.	95%	80%
Vacant Land Serviced	60%	70%
Rural Residential house + land area not exceeding 25 acres	80%	80%
Rural Residential house + land area 25 to 50 acres	75%	75%
Rural Residential house + land area 50 to 100 acres	70%	70%

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Non Standard Residential Properties

Security Type	Maximum Loan to Valuation ratio %
Bed & Breakfast Establishment zoned residential subject to acceptable alternate use as a residence.	65%
High Density Housing greater than 10 stories	70%
Greater than 50 sqm	60%
40-50 sq m	50%
Luxury Residential	70%
Residential Development Land (with Development Approval Granted)	65%
Bed-sitter, Studios, Bachelor, & Other Accommodation (no more than one bedroom) < 40 sqm	0%
University Apartments / Student Accommodation	0%
Aged Housing	0%
Multi dwellings on one title (two or more residences)	60%
Company Title Units	60%

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Commercial & Industrial Property

Security Type	Maximum Loan to Valuation ratio %
Commercial Freehold Improved properties suitable for multiple uses (including factories, warehouses, industrial units, shops, offices etc)	80%
Vacant Land Serviced	55%
Residential Blocks > 5 units	75%
Commercial Shopping / Function Centres	65%
Retail shopping centres	65%
Motels	55%
Car Yards	50%
Caravan Parks	50%
Land Bank, Petrol Stations, Contaminated Sites, Schools, Philanthropic or Religious Connotation Properties, Property owned by Incorporated Entities, Places of Worship, Childcare centres, Hotels, marinas, Nursing Homes, Boarding Houses, Clubs, subdivisions	0%

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Rural

Security Type	Maximum Loan to Valuation ratio %
Rural Residential / Income Producing	50%
Rural Enterprise	50%

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