Hi Guys,
can anyone advise which lenders offer the highest LVRs? I have not decided on a location to purchase yet (I know this affects the LVR). I am aware of the 95/97% LVR loans arround and the ST George 100% loan. Can anyone suggest something better?
Thanks for any help.
106% available if the postcode and suburb is right
Cheers Richard
Ph: 07 3720 1888
[email protected]
http://www.yourstatefinance.comSpecialising in US & IP finance.
Richard Taylor | Australia's leading private lender
There are quite a few of these products available ranging from 100% to 107.5%
Adelaide Bank, Homeloans, Establishment loan, Mobius, Stg.Apart from the rates & fees you also need to take into account each lenders LMI premium, application fees & break costs,
In certain cases a 95% lend with LMI capitalised to 97% can be a much cheaper option, Cheers.Regards
Steven
Mortgage BrokerMobile Mortgage Market
Ph: 0402 483 216
[email protected]
http://www.mobilemortgagemarket.com.auPLEASE note comments made should not be taken as specific taxation, financial, legal or investment advice.
110% is available from a private lender here in Qld if the purchase is in the Sunshine State.
Cheers Richard
Ph: 07 3720 1888
[email protected]
http://www.yourstatefinance.comSpecialising in US & IP finance.
Richard Taylor | Australia's leading private lender
Thank you Steven and Richard for your feedback. I appreciate the effort. I note the comments on the 95%/97% possibly being cheaper and I suspect you might be correct.
Thank you very much.
You should be very cautious when considering a loan above 100%. It leaves you over exposed and highly vulnerable.
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