Finance for 95% LVR

Discussion in 'Loans & Mortgage Brokers' started by 8584, 20th Jan, 2017.

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  1. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

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    typically this is best submitted as a 92 % + lmi............ versus 95 % minus the lmi premium because you will pay a much larger premium for no nett benefit

    ta

    rolf
     
    Rolf Latham, 21st Jan, 2017
    #21
    Ethan Timor and Darren like this.
  2. dabbler

    dabbler Well-Known Member

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    Yep, your mum and or dad, or maybe another family member if they can see what you can se and trust you or willing to give it to you.
     
    dabbler, 21st Jan, 2017
    #22
  3. dabbler

    dabbler Well-Known Member

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    Nothing wrong with that rate.
     
    dabbler, 21st Jan, 2017
    #23
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  4. Darren

    Darren Well-Known Member

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    @Rolf Latham my loan has been submitted at 91.71% LVR
    @Jess Peletier I am working with a broker, this loan is his suggestion to help me hold more cash for a deposit on IP #2 not to long after #1. Decided to get into 2 IPs as per your suggestion when I first joined Property chat, actually the goal is 3 IPs in 2017
     
    Darren, 21st Jan, 2017
    #24
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  5. Omnidragon

    Omnidragon Well-Known Member

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    In Australia, yes. Which is why I've stopped looking here.
     
    Omnidragon, 22nd Jan, 2017
    #25
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