From 1 July 2009, a new Loan to Value Margin of 0.20% p.a. will apply to each new Home Loan where
the Loan to Value Ratio (LVR) is equal to or greater than 90%.
Recently, many lenders have made changes to the maximum acceptable LVR for Home Loans. Whilst
Suncorp Bank continues to offer home loans to customer’s with a maximum LVR of 95% (plus Lenders
Mortgage Insurance), due to the current fi nancial environment and the additional cost to fund this loan
type, an interest rate margin will now be added to the standard rate for new loans where the LVR is
greater than 90%.
the Loan to Value Ratio (LVR) is equal to or greater than 90%.
Recently, many lenders have made changes to the maximum acceptable LVR for Home Loans. Whilst
Suncorp Bank continues to offer home loans to customer’s with a maximum LVR of 95% (plus Lenders
Mortgage Insurance), due to the current fi nancial environment and the additional cost to fund this loan
type, an interest rate margin will now be added to the standard rate for new loans where the LVR is
greater than 90%.