LVR Game Changer: $217k More Borrowing For This Investor. New Rules Revealed ⎜ Ep. 1334
LVR Game Changer: $217k More Borrowing For This Investor. New Rules Revealed ⎜ Ep. 1334

LVR Game Changer: $217k More Borrowing For This Investor. New Rules Revealed ⎜ Ep. 1334

KIDI

13 min
Business & Finance
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Description

<p>In this episode, we discuss the new LVR rules that have just been announced by the Reserve Bank. </p> <p><br></p> <p>These changes make it easier for some owner-occupiers to borrow with a lower deposit. </p> <p><br></p> <p>But, the big change is that investors purchasing existing properties will soon be allowed to purchase with a 35% deposit rather than a 40% deposit. </p> <p><br></p> <p>While that change sounds small, the outcome is impactful. </p> <p><br></p> <p>We go through an example of how some investors can borrow an extra $214k after the changes have been announced.</p>

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LVR Game Changer: $217k More Borrowing For This Investor. New Rules Revealed ⎜ Ep. 1334 - Listen Free | WowFM