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 for a fully secured loan. On an individual transactional basis, ME Bank 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 our assessment of serviceability and worthiness.
Residential Property
| Security Type |
Maximum Loan to Valuation ratio % |
| Improved properties (Houses, Residential Units & Apartments, Townhouses) – 2 or more bedrooms. |
80 |
| Vacant Land – Unserviced |
70 |
| Vacant Land – Fully Serviced |
80 |
| Rural Residential Improved – land area not exceeding 10 hectares |
80 |
| Rural Residential Improved – land area > 10 hectares |
65 |
| Residential Crown Leasehold (ACT/Other States) |
80 |
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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. |
75 |
| High Density Housing |
75 |
| Luxury Residential |
70 |
| Residential Development Land (with Development Approval Granted) |
75 |
| Bed-sitter, Studios, Bachelor, & Other Accommodation (no more than one bedroom) |
60 |
| University Apartments / Student Accommodation |
60 |
| Aged Housing |
65 |
| Multi dwellings on one title (two or more residences) |
65 |
| Company Title Units |
70 |
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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) |
72 |
| Vacant Land – Unserviced |
65 |
| Vacant Land – Fully Serviced |
72 |
| Commercial Development Land (with Development Approval Granted) |
70 |
| Retail shopping centres |
70 |
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Non Standard Commercial & Industrial Properties
| Security Type |
Maximum Loan to Valuation ratio % |
| Nursing Homes & Hostels |
65 |
| Retirement Villages (Multiple Units) |
65 |
| Aged Care Facilities – Freehold and Business (Valued as a Going Concern) |
70 |
| Aged Care Facilities – Freehold Only |
65 |
| Serviced apartments |
60 |
| Caravan Parks (Freehold) |
65 |
| Child Care Centres (Land & Improvements only) |
70 |
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