Do you know any Nras Mortgage Brokers with LVR effectively greater than 90%
Nras Mortgage Brokers with LVR effectively greater than 90%
Home Loan Warehouse has access to a new and innovative NRAS home loan that could increase the amount of money you can borrow. Here is an example of how it works.
- Maximum Loan to valuation ratio (LVR) of 90%
- The LMI or lenders mortgage insurance on loans over 80% LVR is added to the loan amount so you do not have to fund this expense from cash at bank
- You receive a $20,000 credit facility at the line of credit interest rate when the loan settles
- The credit facility can be used for closing costs such as stamp duty, legal fees and other fees associated with the purchase.
This product is provided by one of the many lenders on our panel and may be suitable for you or it may not depending on your individual circumstances. To find out more contact Home Loan Warehouse on 1300 553 907.