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  1. W

    Finance Qs for equity valuation and LMI

    Ok, I appreciate your input, however I am not sure what you are getting at. I called and asked some more details: "We are getting the overall lend approved and the LVR will be based on the returned valuations of the properties. Then we will draw down the loan into the separate loans."
  2. W

    Finance Qs for equity valuation and LMI

    Yes for the 3 properties.
  3. W

    Finance Qs for equity valuation and LMI

    Thanks for the reply. I ask the questions but I get the whole "Credit team sorts that out" treatment. LVR will be approaching 95% as a worst case and total lend will be close to $1m so there is a lot riding on the valuations. All loans have been with Westpac so I am hoping they have...
  4. W

    Finance Qs for equity valuation and LMI

    Hey Guys, Currently awaiting finance approval for a property, in which relies on some equity from other properties owned to get it over the line. I was conservative with my value estimates for the other two properties, however I am still concerned as I have had 3 valuations done for 3 very...
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