If you’re taking the leap and buying your first home, understanding home loan terms and concepts can seem daunting. We’ll run through an explanation of Loan-to-Value Ratio (LVR) and discuss what it means when you’re organising your home loan.
The information contained in this article is intended to be of a general nature only. It has been prepared without taking into account any person’s objectives, financial situation or needs. Before acting on this information, NAB recommends that you consider whether it is appropriate for your circumstances. NAB recommends that you seek independent legal, financial, and taxation advice before acting on any information in this article.