Adam from Vista Financial Posted October 20, 2016 Share Posted October 20, 2016 A big 4 bank has today announced that it will reduce its loan to value ratios (LVR) for owner occupiers from 97% to 95% for borrowers including capped mortgage insurance (adding the insurance to the loan). This will come into effect as of 22 October 2016. This now means that only 1 of the big 4 banks will lend up to 97% and only under the condition that you are an existing lending customer with that bank. There are only a handful of samller lenders who will now consider a 97% loan. Regards Adam Link to comment Share on other sites More sharing options...
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