UNO home loans
12th October 2022
Loan to Valuation Ratio is a percentage that is calculated by dividing the amount of the loan by the purchase price or appraised value of the mortgaged property. This is usually a key indicator of risk to a lender when considering a lending scenario. Typically no higher than 60% for LoDoc Loans, no higher than 80% without Lender Mortgage Insurance, and no higher than 97% for mainstream lenders.
