In this episode of You Have My Interest, we’re diving into Loan to Value Ratios (LVR) - a key factor in lending decisions. I’ll break down what LVR is, how to calculate it, and why it matters when applying for a mortgage or refinancing. We’ll explore how banks assess risk, how LVR impacts interest rates and lenders mortgage insurance (LMI), and strategies to avoid extra costs.
Whether you’re a first-home buyer, an investor, or looking to restructure your loan, understanding LVR can help you make smarter financial decisions.
Tune in for a clear and practical breakdown!
Find out your next step in property finance:
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You Have My Interest provides information and educational content relating to mortgages, finance and property. You Have My Interest's content is general in nature and does not take into account the individual financial, legal or tax needs or objectives of its audience members.
It is not intended as a substitute for professional advice. Listeners should seek out a licensed professional to discuss their individual financial, legal and tax requirements.
If you need mortgage or finance advice tailored to your own personal situation, contact Everlend today for a free consultation. Everlend are authorised credit representatives of Loan Market Pty Ltd, Australian Credit Licence number 390222
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