What is a Jumbo Loan?

What is a Jumbo Loan?

A jumbo loan in Australia refers to a home loan that exceeds the conforming loan limits set by traditional lenders. These loans typically purchase luxury properties or homes in highly competitive markets. Since they are not eligible for purchase by...
What is Loan to Value Ration (LVR)?

What is Loan to Value Ration (LVR)?

Loan-to-Value Ratio (LVR): Insights for Home Loans in Australia In the context of Australian home loans, the Loan toValue Ratio (LVR) holds significant importance. It is a metric employed by lenders to gauge how much of a property’s price you’re borrowing....