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Most lenders don't like to go to 95% for refinances because it's inherently risky for them. The LVR is based on a valuation not an actual sale, so the valuation is still just an estimate. Yes but this is the exact scenario I was referring to. The challenge here is that you'll probably...

Most lenders won't go above 90% on a refinance, even though they'd do 95% for the purchase. There are exceptions, but not many and even then the circumstances are fairly narrow. In most cases, above 80% for a refinance, the lenders will want a very clear understanding of what the money will...

* Strictly speaking, the banks can make some moves to recover funds from certain loans if the property value drops. Practically I've never seen it happen as long as the repayments continue to be made. * The answer is yes, but it's very difficult to get a 95% loan in a refinance or top up...

The stamp duty paid on a property purchase has no relation to the amount you borrow. It's based on the purchase price or value of the property. The stamp duty is the same if you borrow 90% of the property value or if you pay cash for it and don't borrow at all. For what it's worth, the...

A lot of clients have used 90% lending as part of their acquisition strategy with a lot of success. In a time of low interest rates, affordability is less of a problem, but capital becomes harder to get your hands on. Using LMI is a simple way of addressing this challenge. I will say that...