CBA has a number of automatic calculations within their applications. A common CBA error on submission is caused when CBA has calculated the LVR as being too high.
Adjust the LVR
When you send your application data to CBA, they re-calculate the LVR using their own systems and automatically determine if it's too high to proceed.
- Go to the Status Tracking Tab to find the CBA Error details.
- Lower the LVR to get the application through. Refer to CBA - Max LVR, and LMI Premium Calculator.
There's a Fee Arrangement option which can be used