✅LOAN TO VALUE RATIO – HOW IT’S CALCULATED, & WHY IT PAYS TO KEEP IT LOW (AUSTRALIA) // There can be a lot of confusing terms floating about when it comes to home loans, and LVR is just one of them. Here we’ll explain what LVR is, and how to reduce LVR.
0:35 What is loan to value ratio (LVR)?
0:46 How is LVR calculated?
1:08 Why is it better to have a lower LVR?
1:24 How can you lower your LVR?
Check out our full guide to understanding LVR here: https://www.lendi.com.au/guides/lvr/
High LVR? Use our Lenders Mortgage Insurance calculator to get an estimate on payments: https://www.lendi.com.au/calculators/home-loans/lmi-calculator/
For free expert home loan advice, chat to one of our Home Loan Specialists at a time that suits: https://www.lendi.com.au/lp/book-appointment/
Join our private Facebook group ‘Home Loan Hacks Australia’ to ask any questions about home loans:
For more information on important home loan topics, check out these videos below:
Mortgage brokers vs. going direct to bank: https://www.youtube.com/watch?v=m_Ea4YZws-8&t=30s
How to choose the right home loan: https://www.youtube.com/watch?v=QktBe5JUge0
Watch this video again: https://youtu.be/z4VDBBAxjGE
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