LVR – Lender Value Ratio
Loan to Value Ratio (LVR) is a complicated term that even financial institutions can have trouble simplifying. At its core, it is a measure of how much of your property’s value you do not have debt against. It is a calculation of your loan balance divided by the assessed value of your property. For example,…
Read article“Unlocking the Power of Pre-Approval for Your Home Loan”
“Unlocking the Power of Pre-Approval for Your Home Loan” When it comes to securing your dream home, pre-approval is the key that opens doors to a world of advantages. Here are three ways pre-approval can give you the upper hand in today’s competitive market: 1. Budget Confidence: With pre-approval, you know precisely how much you…
Read article