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CBA Policy is desktop acceptable to 80% (at banks discretion) and full val over 80%. Have got a few desktops through at 88% + cap lmi but never above but not through lack of trying. With refi generally desktops are higher from experience.

Wasn't my experience on a recent deal. Desktops where lower than mywealth yet higher than full val?

That probably explains why the last 1/2 dozen or so have been defaulting to full and kerbside. Cheers for the tip CJay.

Have noticed with ANZ since they have upgraded the online val system it is selecting less desktops and more full and kerbside vals. Seems that loophole has tightened?

No. Many use RP Data. Yes. CBA will accept desktops to 80%. I dont argue with banks. I give them what they ask for so I get what I have asked for :) Do the desktop first and if it works run with it. If you think a full or kerbside will be higher bear in mind they will default to what ever...

A little tip for the punters at home. ANZ offer what is called modelled estimates aka desktop valuations. I have found on numerous occasions that the "modelled estimate" is 10% higher or more than other vals from other banks and has never been disputed up to a 90% LVR inc. of LMI. This has meant...

I also provide free property reports (same as the real estate agents use) via ANZ broker site which is gleaned from RP Data. They are also called CMA (Comparitive Market Analysis) and list a low, mid and high price as well as recent comparative sales and rentals in the surrounding area. From...