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  1. Redom

    90% with (almost) no LMI for everyone!!!

    Could be tizey - do you work at an accounting firm? If you're close to the 150k mark, Westpac may consider it. Cheers, Redom
  2. Redom

    90% with (almost) no LMI for everyone!!!

    Sorry mate, broker speak getting the better of me (if your talking about my last post). The product requires Principle + Interest repayments. Meaning you have to pay some of the principle down, which isn't ideal from a tax perspective if you turn it into an investment property down the...
  3. Redom

    90% with (almost) no LMI for everyone!!!

    Yes - but there's no set date provided. No they dont, but you can do a loan split and have an offset attached to variable split. For full 100% fixed offset, try Adelaide bank or TMB. Cheers, Redom
  4. Redom

    90% with (almost) no LMI for everyone!!!

    Rates are pretty good, especially in the fixed rate market - as Mick said above. :) In terms of suitability, it is a great option worth exploring. You'll need to check out whether you can service the loan with the ING calculator - they are quite conservative. Your income will need to be...
  5. Redom

    90% with (almost) no LMI for everyone!!!

    Depends albanga - plenty of clients walk through broker doors with pretty limited goals through property. Saving them 5k on their one and only transaction is definitely a big a deal. For someone with ambitious goals in property, that 5k is less likely to matter. E.g. in Cbr have a lovely...
  6. Redom

    90% with (almost) no LMI for everyone!!!

    Yeah thats about right - it would largely depend on the location. In the ACT i assume it'd be closer to the 300k mark, whereas in Sydney it'd probably be up near 500k. Cheers, Redom
  7. Redom

    90% with (almost) no LMI for everyone!!!

    Great policy and fits with ING - particularly for first home buyers!
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