How to Qualify for 75% LVR

02/12/2024

General Guidelines When Seeking a Business Loan with PMA

A common query when applying for a business loan with PMA is what is the maximum LVR I can get for my loan? Naturally, a loan with a higher LVR is often preferable because that will allow the borrower to access more funding for their business needs.

So let’s take a look at what it takes to get the maximum LVR available from Private Mortgages Australia.

PMA’s LVR Policies

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At PMA, we provide exclusively non-coded loans to borrowers with a genuine business purpose and the maximum LVR we will lend at is 75%. If a borrower meets the criteria for a private business loan, that borrower may be able to qualify for 75% LVR if the borrower satisfies these conditions:

The security property is located in a metro area (e.g. a major city like Sydney or Melbourne)
The security property is a standard residential property (e.g. excludes vacant land, construction, etc)

One of the unique features of PMA is that 75% LVR is available for both first mortgage or second mortgages, provided the above criteria is met.

If the security property is located outside of a major metro area or is not a standard residential property (e.g. commercial property, land, rural etc) then the LVR will be lower than 75% and is assessed on a case by case basis. To find out the applicable LVR for your loan scenario the best option would be to submit a Quick Application and the team will get back to you with an indicative loan offer outlining all the fees and charges or may call you to discuss options.

PMA product LVRs:

Bridging or working capital loans - up to 75%
Business purchase or establishment finance - up to 75%
Business equipment finance - up to 75%
Equity release - up to 75%
Refinance / debt consolidation - up to 75%
ATO Tax Debt Loans - up to 75%
Land / property finance - Up to 65% of the ‘as is’ value for land, or up to 75% with inhabitable improvements
Subdivision finance - Up to 65% of the ‘as if complete’ value
Renovation / flip finance Up to 70% of the ‘as if complete’ value
Development/Construction finance - Up to 65% of the ‘as if complete’ value
Construction Completion Finance - Up to 65% of the ‘as if complete’ value
Mezzanine Finance - Up to 65% of the ‘as if complete’ value
Residual Stock Loan - Up to 75% of the ‘as is’ value

If you have a scenario you’d like to discuss, you may send it through via the Quick App form. We have a guaranteed response time of four business hours so you’ll know immediately if a solution can be worked out.