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You sound determine and i can tell you have experience in the area of property investment and wealth creation and you know exactly what your doing! Good work. Regards Michael

Generally speaking at 80-85% LVR- some lenders wouldn't take it to the LMI provider at all, so no insurance in place. Risky for them as a business; hence they are strict on the type of deals. 85% + It will still go to the LMI provider, but the cost will be absorbed by the lender. The...

ROLF has answered the question, But what im saying is - personally if i was in your situation; i would prefer the NO lmi option EVEN if the interest rate is 0.2% more. As time progress, say 3-4 years time; the home value would have gone and the LVR would have reduced to a point where...

Agree, if they charge you $0 for LMI...it's way more beneficial then any discount they might offer... - LMI is payable from day 1 and not refundable. - You can always swap lenders after a few years if the rate is not right Regards Michael

cw318 - I would avoid Westpac! they are one of the worst banks to deal with trust! - slow - charge extra for complex trust - will try to palm you off to their commercial department ( higher rates) *** I suggest: Citibank, NAB, Adelaide bank, Bankwest, CBA , St george, suncorp and most of the...

alokahuja - the 6.89% offered by NAB is a great rate, you wont get any lower then that with NBA, it's one of their lowest rate on offer ( that i have seen from NAB so far anyway) Make sure it's in writing, and not just verbal - i know how branch staff work; they will say ANYTHING just to get...