No, never. You will never owe more to the lender than your home is worth. This is because the initial Loan-to-Value Ratio percentage (LVR) is so low to begin with. As an example, if you are 65 yrs old & getting a Reverse Mortgage, your maximum loan amount LVR will be only 25%. You would have to live to be 140 yrs old to get to 100% LVR.
UNO combines epic service with technology to streamline the entire process of getting and having a home loan.
Planwise AU Pty Ltd trading as UNO Home Loans ABN 81609882804 Australian Credit Licence Number 483595. UNO values your privacy and last updated our Privacy Policy on 29 January 2020. L17, 123 Pitt Street, Sydney NSW 2000
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