Trying to take a 10K top up on a property valued by bank at $500k to do some renos on an IP. Loans against that one are approx 385k plus 30k -...
I'll try to make this as brief as possible. I talked to my bank and they said they could get me a lower rate on my loan as well as approval to...
Hi there! Two questions actually The banks keep telling me much lower LMI than the calculators do. I’m looking at a 90% lvr loan on $655k and am...
Hey guys, We’ve applied for pre approval for 570k in 3 neighbouring Brisbane middle ring suburbs, 10-14km radius. 90% IO, Suncorp has accepted...
Hi just wondering if anyone has sold for less than what their loan value is? If you bought the property with lenders mortgage insurance what are...
Hey team Have a friend i was speaking to on the weekend. They are seeking to get into the property market have $110,000 k savings Gross income...
Hi PC Tax gurus, I bought a property back in Dec 2015 and paid LMI in the process. I moved out after a year and turned it into an IP and it's...
Hello everyone, I desperately need some guidance how to proceed with my investment loan. As you can imagine numbers are not my strong suit....
How does capitalising lenders mortgage insurance work with LVRs? When doing this is the lump sum payable to the insurer borrowed? or is the...
As a registered physiotherapist I've been made aware I may be able to find a lender that will allow me to leverage at 90%LVR and waive LMI. I...
Hopefully a very quick an easy question for your finance guru's... We have an existing loan and LOE - the total of which is under 80%. We haven't...
Hey guys and girls , It would be greatly appreciated if I can get some advice on my next move ? I have 4 properties with the big four, 3 with...
Hi, Are there any brokers here that have access to a 90% LVR loan with no LMI? (Owner occupied). I am a self employed Podiatrist for many years....
Hi Guys, Just wanted to post a quick question and get some advice and or pro's/con's. Would you recommend getting a loan without LMI and...
No surprises with the LMI providers also bearing the brunt of regulatory changes Australia’s largest provider of lenders’ mortgage insurance...
It was generally said and recommended 18-24 months ago that IO @ LVR 88% was the recommended sweet spot to manage the trade off between LMI and...
Hi there. I am trying to work optimize the LVR bracket/amount of top up loan I apply for with regard to the LMI I would pay. I am aware that some...
OK not sure how it's usually calculated - If I don't want to pay LMI on a property but only have 10% deposit. How is the amount of equity needed...
Hi, so I'm hoping people can critique my thinking! Be MEAN! I've also put a few questions, in bold. So I'm finally moving out of my parents home...
Hi people I've been advised to borrow 90%, use 10% equity and cop the LMI for this investment property (rather than borrow 80% and use 20%...
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