{"id":1048,"date":"2011-03-11T04:02:08","date_gmt":"2011-03-10T18:02:08","guid":{"rendered":"https:\/\/newsroom.ing.com.au\/?p=1048"},"modified":"2016-08-30T14:30:19","modified_gmt":"2016-08-30T04:30:19","slug":"ing-direct-to-offer-ref-up-to-95-lvr","status":"publish","type":"post","link":"https:\/\/newsroom.ing.com.au\/ing-direct-to-offer-ref-up-to-95-lvr\/","title":{"rendered":"ING DIRECT to offer REF up to 95% LVR"},"content":{"rendered":"<p>Following its recent announcement to increase the maximum LVR for LMI deals to 95%, effective immediately ING DIRECT will also extend its unique Reduced Equity Fee (REF) offering to 95% LVR.<\/p>\n<p>REF is available on purchases subject to certain credit criteria being met, removing the need for LMI. REF allows brokers to potentially save their customers thousands of dollars.<\/p>\n<p>\u201cOur REF is a key differentiator in the mortgage market. Customers that meet REF criteria do not require LMI, potentially saving them money on mortgage insurance\u201d said Lisa Claes, Executive Director of Mortgages at ING DIRECT. \u201cBy extending the availability of REF up to 95% LVR, brokers can offer this product to more of their customers.\u201d<\/p>\n<p><strong>Media contact:<\/strong><br \/>\nCaroline Thomas, ING DIRECT<br \/>\nPh: 0413 317 225<br \/>\nEmail: caroline.thomas@ingdirect.com.au<\/p>\n<p><strong>About ING DIRECT<\/strong><br \/>\nING DIRECT began operating in Australia in 1999. By doing business online, over the phone and through intermediaries, ING DIRECT keeps it overheads low and passes the savings onto customers in the form of competitive rates. Today, it has grown to become Australia\u2019s fifth largest retail bank, with $22 billion in deposits, more than $37 billion in loans and around 1.4 million customers.<\/p>\n<p>Please note ING DIRECT is never abbreviated to ING.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Following its recent announcement to increase the maximum LVR for LMI deals to 95%, effective immediately ING DIRECT will also extend its unique Reduced Equity Fee (REF) offering to 95% LVR. REF is available on purchases subject to certain credit criteria being met, removing the need for LMI. REF allows brokers to potentially save their […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8,1],"tags":[],"class_list":["post-1048","post","type-post","status-publish","format-standard","hentry","category-everyday-banking","category-general"],"acf":[],"_links":{"self":[{"href":"https:\/\/newsroom.ing.com.au\/wp-json\/wp\/v2\/posts\/1048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsroom.ing.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsroom.ing.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsroom.ing.com.au\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsroom.ing.com.au\/wp-json\/wp\/v2\/comments?post=1048"}],"version-history":[{"count":4,"href":"https:\/\/newsroom.ing.com.au\/wp-json\/wp\/v2\/posts\/1048\/revisions"}],"predecessor-version":[{"id":1631,"href":"https:\/\/newsroom.ing.com.au\/wp-json\/wp\/v2\/posts\/1048\/revisions\/1631"}],"wp:attachment":[{"href":"https:\/\/newsroom.ing.com.au\/wp-json\/wp\/v2\/media?parent=1048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsroom.ing.com.au\/wp-json\/wp\/v2\/categories?post=1048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsroom.ing.com.au\/wp-json\/wp\/v2\/tags?post=1048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}