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Major bank caps investor loans at 80% LVR

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Australian Broker | 09 Jul 2015, 08:04 AM Agree 0
The biggest lender of investment loans in the Australian mortgage market has announced an 80% LVR cap on investor loans
  • Brett of Brisbane | 09 Jul 2015, 09:15 AM Agree 0
    I'm just wondering if this is Westpac acting in self interest. The way I understand it, LVR's are 90% if you bring owner occ security as part of the mix, so really, is this just Westpac asking that they get all of the clients business?
  • Maria Rigoni | 09 Jul 2015, 03:24 PM Agree 0
    APRA is overstepping the mark as a prudential regulator.
    So now only well off people are suitable investment property borrowers.
    This country really needs a Royal Commission into the Financial Services sector with the light shining on regulators. Let's examine their performance.
  • Papery | 10 Jul 2015, 09:27 AM Agree 0
    Wpac rarely feature as the stand out option in any product comparison I run & thats not about to change.
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