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  1. M

    Loan purpose

    Thanks Rolf, I was under the impression that you could borrow up to 95% with some lenders and not incur MI as long as the place was owner occupied. Is this incorrect? thanks
  2. M

    Loan purpose

    Hello, If you borrow for a PPOR leveraged at 95% then at a later date move out and tenant the property, what are your obligations as far as the lender is concerned? Is it necessary to then take out mortgage insurance? Also, once you have moved out and the house is tenanted, am I correct...
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