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This occurs when the Loan-to-Value Ratio (LVR) calculated from the AVM exceeds 80%.

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Platform Action

Auto-escalation to human.

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Credit Operations – Next Steps

  • Order a manual (non-AVM) valuation via ValX
  • Upon receipt, upload the new valuation to the Slate platform
  • Manually update the LVR
  • If updated LVR is ≤ 80%, proceed to formal approval (pending other checks)

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Example Situation

An applicant applies for a $720,000 loan and the AVM estimates the property value at 850,000. The platform calculates an LVR of ~84.7% and escalates the case.\ Credit ops orders a manual valuation, which comes back at \910,000, lowering LVR to ~79.1%. The application continues to approval.
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