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The asset used to secure credit. It is used to cover the cost of the loan in the event of the borrower not being able to meet their obligations under the credit contract.

This information in this article is general only and does not take into account your individual circumstances. It should not be relied upon to make any financial decisions. uno can’t make a recommendation until we complete an assessment of your requirements and objectives and your financial position. Interest rates, and other product information included in this article, are subject to change at any time at the complete discretion of each lender.

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Loan products that have fluctuating interest rates.

Valuation

An assessment of a property’s value. This is used to calculate the LVR.

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