Your Loan to Value Ratio (LVR) is the percentage of the security property value that you are borrowing. Simply put, it’s the loan amount divided by the value of your property.
So, if the property you want to buy is $550,000 and you want to borrow $450,000 your LVR is 80%.
Want to know more? Speak to a Lending Specialist on 13 73 77, Monday to Friday 8:00am - 6:00pm AEST.