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Hi Rolf Thanks for the reply. When you say "not all" does that mean there are lenders who will go above 90%, or that their max is less than 90%? Also do NAB and ANZ both offer 90% plus capped LMI? Thanks. Ann

Hi all I am a little confused... I have two IP's that have accrued some equity that I want to try and access (obviously subject to valuation). One was purchased just over 12 months ago and the other in 2008. Both had 95% lvrs. One is with NAB and the other with ANZ. Will either of...

Hi Kristine. Oops! I am still getting used to what information is relevant to post, so sorry I missed details of my loan preparation but here they are. I can show genuine savings >5% for well beyond 6 months and I'm not a FHB. I also have other investments which would show a lender where my...

That sounds promising. Was the loan interest only or P&I? I am hoping to get IO as PPOR may become IP in future years. Is IO possible for 95% + LMI?

Income is high but the desire for 95% + LMI is partly to act as a form of asset protection. Also some (increasing) cash reserves are ear marked for other investment related ventures. So the leveraging for the PPOR purchase has it's own underlying significance. Sunfish - I appreciate your...

This could be a problem! :eek: If any of the MB's could clarify which lenders (if any) will still approve a 95% lend with LMI capitalised for a loan of up to $600K that would be hugely appreciated. I know my credit report is totally clear of any issues and all my other financials were said to...

Thanks for the great replies! I should have said that this property will be my PPOR initially but most lilkely become an IP in a couple of years. Also the bank (NAB) said I could get well over $1M but I don't need this much. I would be after $600K at most but NAB won't capitalise LMI above...

Hi everyone. First time poster but long time lurker! Have finally reached the stage of buying a property but would like to borrow 95% with LMI on top. My friendly bank tells me I can borrow well over $1M and LMI can be capitalised but total loan is capped at 95%. I will most likely need to...