Discover

Understanding the meaning of mortgage acronyms and terminology

Here’s a quick explanation of what the main mortgage terms mean to help you start talking like a pro.

Karina Reardon
By Karina Reardon (Head of Strategic Partnerships)
Last updated: 10 April 2024 | 6 min read

What does LVR mean?

Image provided by mortgages.co.nz

What does DTI mean?

Image provided by mortgages.co.nz

What does UMI mean?

Image provided by mortgages.co.nz

What does AML mean?

What is a credit score?

Authors

Karina Reardon Karina Reardon
Murray Joiner Murray Joiner

Discover More

A close-up of a person wearing gumboots, using a spade to dig into garden soil. The scene is bright and sunny, featuring green shoots, dry leaves, and yellow spring flowers, emphasising seasonal yard work and planting.

Garden design and landscaping in NZ: A simple guide

Digging in? Where to begin.

Landscaping ideas: Garden inspiration for New Zealand homes

Practical ideas for the Kiwi gardener

Advice & Tools

PROPERTY NEWSLOOKING TO BUYTHINKING ABOUT SELLINGHOME INSPIRATION

Search

Other articles you might like

Houses in Oriental Bay, Wellington
Discover | 4 min read
DTIs, LVRs – what’s with all the acronyms?

What are DTI and LVR rules and what might the changes mean

5 February 2024

NZ house
Property-industry feature article | 5 min read
What looser LVRs mean for the housing market

An explainer on LVR loosening and what to expect

8 May 2023

Couple with son in new property.
Buying guide | 7 min read
How to get a mortgage in 12 steps

Securing a home loan can be a little tricky - read our guide to make it easier.

27 May 2024

Start a listing icon
Start a listing
Watchlist icon
Watchlist
Favourites icon
Favourites
Sign up icon
My Trade Me
© 2026 Trade Me Limited