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What is the Loan to Value Ratio (LVR)?

April 26, 2017loan LVR ratio value

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What is the Loan to Value Ratio (LVR)?

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The Loan to Value Ratio refers to the maximum amount lenders will approve against the value of any asset taken as security for your loan. For Consumer Asset Finance, LVR ranges from 100% To 110% of Retail and Recommended Retail Price.