News & Learning
What does L.V.R mean in the Mortgage industry?
The mortgage industry is a wide, wondrous world with a language all of its own. One of the many acronyms bandied about is ‘LVR’, which stands for ‘loan-to-valuation ratio’. Here’s what it means.
Stamp duty explained
Stamp duty is a charge which is applied by state governments in Australia on transactions relating to the transfer of land or property. It is paid upfront and needs to be budgeted for in addition to your loan deposit.
The home loan approval process
Following the lodgment of a home loan application, hopeful borrowers are often keen to know what will happen next and how long it will take for them to receive the verdict