What is LVR in Mortgage?
LVR stands for Loan-to-Value Ratio, which is a percentage amount that compares how much a lender is willing to provide you a home loan against the total value of the asset you are looking to buy. It shows the proportion of the property’s price to the size of the loan as a percentage. Lenders usually use loan-to-value ratio to evaluate the risk of a loan.

Comments
Post a Comment