What is LVR?
What is LVR?
Nov 12, 2021
heritage.com.au
Why is LVR (Loan to Value Ratio) so important? It's crucial for lenders to assess risk. A lower LVR, below 80%, often results in better interest rates and no mortgage insurance costs. However, an LVR above 80% may require LMI or a guarantor. It's all about risk management for the lender. Hear from our brokers - Mortgage Choice Revesby - Michael Saliba and Mortgage Choice Narellan and Macarthur | Mortgage Choice
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