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This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about Home Loans from multiple financial institutions. We will try to show you a range of products in response to your request for information. The search results do not include all providers, for further details refer to our FSCG. We are not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product. If you decide to apply for a Home Loan, you will deal directly with a financial institution, and not with RateCity.

Loan-To-Value Ratio

The Loan-to-value ratio is the percentage amount of the value of a property that a financial institution will allow you to borrow for home loans. The higher the loan-to-value ratio the less deposit is required. An example of this is a loan-to-value ratio of 87 percent means that the borrower will need to outlay at least 13 percent of the total value of the property, in order to be approved for this home loan. Loan-to-value ratio is also commonly referred to as LVR.

Every financial institution will offer loans with different loan-to-value ratios so it pays to compare home loans online.
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About Mortgages Articles

RateCity provides mortgage news and features, including a range of weekly stories and economic updates. By checking our mortgage news and features daily, you can ensure that you receive up to date, expert commentary on current financial and economic issues. Before you search, compare or apply for the best mortgage for you, help yourself understand the market by reading mortgage news and features at RateCity.

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