Daily Archives: May 15, 2013

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Loan To Value Ratio (LVR) – What The Lenders Look At

May 15, 2013/Tip of the week/0 Comments

When lenders talk about mortgage deposits they refer to loan to value ratio (LVR). LVR is the loan amount divided by the value of the property. Let’s say you want to buy a property with a purchase price of $200,000. If you have a deposit of $40,000, your LVR is…

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