Michael Ludvig
Jan 28, 2022

--

Well done, getting a property early is the way!

If you’ve got 28% equity in the property now you may be able to obtain an official valuation and approach the bank with that, asking to be moved to below 80% LTV bracket (loan to value). It usually means better interest rate, no need for mortgage insurance, etc. That’s how it works over here.

--

--

Michael Ludvig
Michael Ludvig

Written by Michael Ludvig

GenAI and AWS Cloud ★ Slalom New Zealand

Responses (1)