A 90% LVR Second-Mortgage is one of the most effective ways for property owners to access a substantial portion of their property’s equity without refinancing their existing home loan. This financial solution is particularly useful in situations where traditional banks or lenders impose strict lending criteria or are unable to provide sufficient funding. By leveraging property equity, borrowers can secure funds quickly, making a Second-Mortgage a versatile tool for personal, business, or investment purposes.

The term 90% LVR stands for “Loan-to-Value Ratio,” which refers to the maximum amount a lender is willing to lend in relation to the property’s market value. In the case of a 90% LVR Second-Mortgage, borrowers can access up to 90% of the property’s value, combining both the first and second mortgages.

For example, if a property is valued at $1,000,000 and the first mortgage is $700,000, a second-mortgage can allow you to borrow an additional $200,000, reaching the 90% LVR threshold. This approach maximizes access to funds while leaving the first mortgage intact.