April 8th, 2019
Save yourself some time searching for Bankwest’s LVR limits and instantly know whether they can service your customer’s needs, with their new Valuation and Policy Tool.
Also now considering up to 90% LVR on High Density Off the Plan Purchases!
As more of your customers are looking to purchase property in high density areas, Bankwest has changed their existing high density, off the plan LVR policies to reflect this.
Bankwest is dedicated to supporting you and your customers in reaching their financial goals.
|State||Current Policy||New Policy||Restricted Postcodes|
|NSW||70% LVR||90% LVR||85% LVR|
|VIC||60% LVR||90% LVR||85% LVR|
|QLD||60% LVR||90% LVR||85% LVR|
|WA||70% LVR||90% LVR||85% LVR|
Test out the new Valuation and Policy Tool on the Broker Website to see these LVR limits for specific postcodes.
If you have any questions speak to Bankwest BDM, or use Bankwest’s online Broker Chat.
Disclaimer: Lending criteria, T&Cs apply. Bankwest is a division of Commonwealth Bank of Australia ABN 48 123 123 124 AFSL/Australian credit licence 234945.