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Mortgage News |
February 26, 2020 |
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Macquarie’s Updated Lending Guidelines
Effective Monday, 31st March, Macquarie updated their lending guidelines. Most notably, the new maximum LVR is now 95% including capitalised LMI. For SVR products there is also a 0.10% p.a. added for home loans greater than 90% LVR.
For the current lending guidelines, refer to the updated Mortgage Reference Manual in iLend™ Docs tab. The LMI Premium calculators are also up-to-date.
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