Search results

It's often worse than this example... Over $300k you often get less than 92% and for over $500k loans the LMI premiums are often over 4% of the loan amount which means you can effectively get as little as 90.5% + LMI. This means for a $300k price point, you might find the difference between a...

For investors, every 95% product I can think of comes with some sort of catch. Often it's not a big deal if you can meet those requirements, but sometimes it can be a deal killer. Some things that come to mind (some of these may not apply to owner occupiers): * Must have 10% equity in another...