Calling mortgage brokers! Are there any lenders that will accept a post construction valuation? I have a property I would like to sub-divide however the loan is highly leveraged against the existing security. The land will be subdivided, the property will be demolished and two dwellings will be built. The loan will reduce itself down to an 80% LVR based on the proposed post construction valuations on the two properties built. I am having trouble finding a lender that is willing take on the risk during the construction phase.. Any help would be appreciated.