Search results

  1. M

    Consequences of LMI in capping borrowing ability

    Thanks for the post, on the fellow racking up $4m debts with 95%/90% LVR you must have to have some serious income to support all that?
  2. M

    Consequences of LMI in capping borrowing ability

    Another point Nathan mentioned is that using LMI can restrict your refinancing capacity, eg can you not as easily run an updated valuation on the property and reborrow on a higher valuation?
  3. M

    Consequences of LMI in capping borrowing ability

    Interesting post by Nathan Birch on LMI (https://binvested.com.au/lenders-mortgage-insurance-lmi/) he references that if folks can run 20% deposit they're better off doing so and avoiding LMI he quotes one of the reasons that using LMI flags you as being a relatively higher risk borrower and...
Back
Top