What is the Loan to Valuation ratio (LVR) ?
Your Loan to Value Ratio (LVR) is the proportion of money you intend to borrow compared to the value of the property.
Lenders use this 'ratio' to help them assess the level of risk a borrower presents to them. The lower the LVR the easier it may be to approve a loan. A higher LVR may reflect a higher degree of risk to a lender, in turn the lender may impose greater due diligence in its assessment of the loan.
Your Loan to Value Ratio (LVR) is the proportion of money you intend to borrow compared to the value of the property.
Lenders use this 'ratio' to help them assess the level of risk a borrower presents to them. The lower the LVR the easier it may be to approve a loan. A higher LVR may reflect a higher degree of risk to a lender, in turn the lender may impose greater due diligence in its assessment of the loan.