Browse Forums Home Finance 1 Apr 29, 2009 11:45 pm Just a quick question for those in the know. What is the typical maximum LVR the major banks and their subsidaries are offering in terms of LVR on a loan for Vacant land? Also what period are the repayments to be scheduled over? (7 years? 15 Years? 30 Years?). Thanks!! Re: Loan for Vacant Land - LVR? Maximum Terms? 2Apr 30, 2009 12:00 am hey zero, I think it depends on the bank. Generally 90% LVR and over whatever term you can afford to repay it within. Annie A thankful person is a happy person. [/color]My hobby design blog: http://aviewondesign.blogspot.com/ The distance between my DEBs varies from 4.1m at the narrowest to 8.1m at the widest. 5 27331 Thanks again for this information. If you do hear anything different, would be great to know 4 8256 The biggest challenge will be if you take out a loan and then run out of money - you'll have an incomplete security and lenders do not like this so you can get stuck.… 2 19114 |