what happened, page-24

my experience is that all rural lenders will go to 50% LVR and if the business is worth it, i.e. other performance measures stack up, will go in excess.

however this depends on the security in question, for reliable and/or versatile land lenders could justify 50%, low rainfall (or unreliable) country well less than 50%.

know of a few instances where landmark and erb have lent close to 100% LVR (not happily - more just trying to support a customer through a tough spell), know of no instances where a major bank has done this, would usually offload beforehand.