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Bearing in mind - back in the day - when they got the rental statements some lenders would count the rent paid as savings and you could get the genuine savings premium on LMI rather than the non gen savings premiums.

Emails to lenders Hi Thought I'd update this with a few lenders replies as I asked them all the same question: Can you please advise current policy on looking at loans with LMI if the client has credit defaults. I.e. tolerance limits, max lends/lvrs etc The replies are: NAB H/Side - From...

On related... we did a car finance 2 weeks ago at 'normal' rates for a paid default of 1700 (showed paid about a week before the application went in, and the default was @3 months old from a telco). But that was thru a contact I have in a caryard who got it thru for me. Setups were around...

I did mention something a little while ago - nab homeside and cra defaults with LMI deals wont get approved. It wouldnt matter if it was an $80 telco and an oversight. They simply wont do them - period. end of story. In your case - yeah you were stuck due to that fixed. You'd need a lender...