8. Pair loan to value ratio (LVR) with density type
If you want to obtain a loan at 95% LVR, a good rule of thumb is to choose properties that are low-density type properties.
If, however, you want to go with high-density properties, go for 80% where possible. You can run into issues with valuations if you go up to 90% with these type of properties.
Should this happen, re-submit your loan application, find another valuer or lower the LVR by investing more of your own capital