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Major Lenders increase loan to value ratio
- February 28, 2011
- Posted by: admin
- Category: Bank Profits, Home loan product, Interest rate
No CommentsThe Commonwealth Bank has become the latest in a long line of lenders to increase its maximum LVR. Over the weekend, the major announced it would allow all new mortgage customers to borrow up to 95 per cent of the value of a property. Previously, new customers were limited to 90 per cent LVR, while