Quick question before tax time I purchased a property in 2017 FY with a 10% deposit. I claimed 1/5 of the LMI in 2017 and 2018 FY. In 2019 I...
Hi - just wondering which LMI provider is better for investment loan serviceability? I've done the numbers for both genworth and qbe borrowing...
If you have capitalised LMI with your current lender and you refinance to a new lender (assume 80% LVR at the time of refinancing to new lender),...
for those who start, i just realised/discovered that you can buy a 2nd (3rd/4th) etc property, borrowing basically 104% without paying LMI. as...
A bank is offering me a mortgage at 90% LVR including LMI, meaning the LMI can be added into the loan but it reduces the amount of the loan going...
Married and 3 yr old dependent. Both working but family income under $170,000. As of now, my PPOR equity is not enough for 20% of deposit (600K...
Hi, I'm wondering if I capitalise LMI on my owner occupier property and then turn it into an investment loan in 12 months, would the subsequent...
Do any of the banks waive LMI for those employed in the civil engineering industry? I've seen mention online for mining engineers although not...
Hi property chat, Sorry if this question has been asked before, anyone know of any good lenders that will use a rental ledger in lieu of genuine...
Hi all, I’ve recently found an apartment that I would like to buy at a good price. I’m in NSW, using CBA. I’m a first home buyer Ive Signed the...
Looking to purchase PPOR, have spent a little more than anticipated at auction however keen to eliminate LMI. Open to paying slightly higher...
Hello Guys, one question in regards tax deductions related to property. In the given scenario where one is thinking on buying a property to use...
Hi all, I have just been advised by Westpac that even though the new LMI owing on an equity extract is below the LMI I originally paid, there is...
Hi all, I'm planning to buy a PPOR (house in Sydney) the next couple of months and have enough deposit saved up for the 80% LVR, including stamp...
Yesterday I received an email from a lender announcing they will now give the borrower the option of paying LMI monthly instead of it being added...
Hi all, A property I am buying is directly under 11kv stobie pole, literally the pole is right next to the corner property. As the house is on a...
Hi guys I’m looking for some advice. Looking to buy our first IP Our borrowing power isn’t a issue but I ’ve had a few valuations on my PPOR and I...
I don’t like LMI – it is a waste of money if you can avoid it. But many people can’t avoid it, so to make those people feel better here is an...
The options I have been tossing up between is going with the Macquarie Offset Home Loan with 85% lend plus LMI, versus Bank First Premier Package...
G'day all, Long time lurker, first time poster. We're planning to purchase a PPOR in Broome, WA in the near future as our first house. Our...
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