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Themortgageagency's Blog – November 2020 Archive (1)

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What is Loan to Value Ratio ?

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LVR alludes to your credit sum and the amount you need to acquire contrasted with your property's estimation. To determine LVR, the measure of your credit is partitioned by your property's estimation. For example, if the LVR is 80%, you'll be taking 80% of your home's estimation. In genuine terms, if your home's estimation is $400,000 and you have a $80,000 store, your LVR will remain at 80%.…

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