News

Bridging finance not an LVR issue

Tuesday 9th of August 2016

Mortgage Express and Harcourts have called for the Reserve Bank to provide lenders with greater clarification about bridging finance for owner-occupiers under the latest LVR restrictions.

The Reserve Bank’s new LVR restrictions are aimed at property investors and require investors nationwide to have a 40% deposit, or equity, when applying for new loans.

Mortgage Express CE...

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