Every week, MPA brings you one tough problem of a loan scenario. Do you have the expertise to help readers solve this problem?
Have you got the know-how to fit even the toughest loans? Each week MPA brings you one stumper of a loan scenario, posted by our readers, and asks you for the answers.
Today a Melbourne-based client is looking for a loan with an LVR of 97 per cent in order to purchase a unit in the city’s CBD.
The loan value is $550,000 and the unit size is 25sq m.