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Amber Homeloans withdraws 95 per cent LTV near prime and self cert

Amber Homeloans has announced that it will be withdrawing its 95 per cent loan to value near prime and self cert prime products at close of business this Wednesday.

Maximum LTV on near prime full status will now be restricted to 90 per cent LTV.

These products will be removed from Amber’s online DIP and KFI, and from sourcing systems, at close of business September 19.

All packaged cases on these products must be received by Amber, fully packaged, by close of business on October 17.

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