What Is LMI and How You Can Avoid It
It’s no secret that buying a home is an expensive process. With the property market and cost of living rising, buyers may find it tricky to save for a 20%
It’s no secret that buying a home is an expensive process. With the property market and cost of living rising, buyers may find it tricky to save for a 20%
Are you an accountant? Then, we have some good news for you. In fact, accountants meeting certain requirements (based on the bank or lender) are eligible to obtain an LMI
Lawyers, Barristers & Solicitors Are you a lawyer, barrister, or solicitor? Great news for you then! This is because lawyers and legal professionals that meet certain requirements can be entitled
Undeniably, given their low-risk nature, doctors (including interns and registrars) are usually preferred applicants for home loan applications. Generally, banks have similar risk policies; but depending on the selected choice
What is Lender’s Mortgage Insurance (LMI)? Lender’s Mortgage Insurance (LMI) is a non-refundable premium that you pay as a one-off cost on top of your home loan. In fact, your
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