Cryptic. Do you mean 80%? How do you dodge the valuer?
This generally works with lower purchase prices.
Only a handful lenders do this and there is no hard and fast rule. ME Bank, ANZ, Westpac and St George are all lenders that "may" do this depending on the location, price, etc of the property.
Yea Westpac at 80% LVR of purchase price (not land vale)
No valuer as they used the contract as val. It was structurally damaged (which I repaired during the settlement period)