LVR (Loan-to-Value Ratio)

The loan amount expressed as a percentage of the value of the property being purchased or used as security.

In More Detail

For example, borrowing $800,000 against a property valued at $1,000,000 gives an LVR of 80%. Lenders generally offer better terms at lower LVRs, and may require lenders mortgage insurance above certain thresholds. Some lenders offer LVR concessions specifically for medical professionals, recognising the relative income stability of the profession — availability and terms vary by lender and change over time.

When to Seek Help

If you're unsure how LVR affects your borrowing capacity or whether you qualify for a professional LVR concession, a broker experienced with medical professional lending can clarify current lender policies.