Hi all
I've currently got a 65% LVR on my home - which includes my own mortgage as well as a LOC for IPs. My current MB didnt want me to go any higher than this however in speaking to another MB he thinks it would be fine to go up to an 80% LVR.
Is there a general rule of thumb on this?
thanks
I've currently got a 65% LVR on my home - which includes my own mortgage as well as a LOC for IPs. My current MB didnt want me to go any higher than this however in speaking to another MB he thinks it would be fine to go up to an 80% LVR.
Is there a general rule of thumb on this?
thanks