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Thanks. We don't have any other debt and no relationships with other lenders. Does the LMI drop dramatically @ 90%? I'm a lot more comfortable with < 10k LMI...

We're looking to get a PPOR in Sydney to 600k and am looking for the best option for our situation. We have IP in WA, 373k owing, 470k valuation in Sept 09 with ANZ. We want to outlay as little cash as possible and utilise as much equity as we can, we also want to switch over the IP loan...