13 min
LVR Game Changer: $217k More Borrowing For This Investor. New Rules Revealed ⎜ Ep. 1334 The Property Academy Podcast
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- Investing
In this episode, we discuss the new LVR rules that have just been announced by the Reserve Bank.
These changes make it easier for some owner-occupiers to borrow with a lower deposit.
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.
While that change sounds small, the outcome is impactful.
We go through an example of how some investors can borrow an extra $214k after the changes have been announced.
In this episode, we discuss the new LVR rules that have just been announced by the Reserve Bank.
These changes make it easier for some owner-occupiers to borrow with a lower deposit.
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.
While that change sounds small, the outcome is impactful.
We go through an example of how some investors can borrow an extra $214k after the changes have been announced.
13 min