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Hi All, I'm planning to bid at an auction this weekend and am in the process of deciding my max bid based on nearby recent comparable sales. This will be at a high LTV so I'm very nervous about the bank valuation coming in below the auction price. However, I'm also concerned that I may...

Hi All, I have a pre-approval from CBA for a 97% (LMI capitalised) loan on a $900K purchase price. When I looked at the Genworth website I noticed that their max loan amount for insurance is $750K at 95% LTV. Presumably this must mean that CBA have a higher max loan amount with their DUA...