1. EachPod

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

Author
Opes Partners
Published
Sun 07 May 2023
Episode Link
https://podcasters.spotify.com/pod/show/propertyacademy/episodes/LVR-Game-Changer-217k-More-Borrowing-For-This-Investor--New-Rules-Revealed--Ep--1334-e23bj3s

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.

Share to: