As of December 1 2008
- Maximum loan to value ratio on full doc loans will be 95%. LMI can still be capitalised on top of 95%.
- No Doc loans will no longer be available
- There will be changes on low doc loans.
Applications in the pipeline prior to 1 December 2008, Citibank will accept applications for the changed products provided that the information submitted is accurate and all requirements of the application checklist are supplied.
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