Normally lenders take the property you are buying as the only security for the loan, which is typically 70% of the value of the property, and ask for a cash deposit for the balance of the purchase price. If you don’t have the cash you can offer the lender additional security, which is typically other property which you have considerable equity in.
Usually the maximum LVR is 70% with only commercial security
Normally lenders take the property you are buying as the only security for the loan, which is typically 70% of the value of the property, and ask for a cash deposit for the balance of the purchase price. If you don’t have the cash you can offer the lender additional security, which is typically other property which you have considerable equity in.
Usually the maximum LVR is 70% with only commercial security
12/78 Willibdra Drive Epping Vic 307612/78 Willibdra Drive Epping Vic 3076
11/470 St Kilda Rd, Melbourne VIC 3004
12/78 Willandra Drive, Epping, Vic 3076
11/470 St Kilda Rd, Melbourne VIC 3004