In the next week or so I plan to go back to ANZ for purchase of my next investment property and get approval for 95% (+/- LMI). I'll update this thread in due course.
So was it better to not get into the game? I'm a fan of 95% mortgages to start off with, but you need to add value and not just hope that you bought well. :D
I just moved a regional property to ANZ from Westpac and it settles on Tuesday. 95% incl LMI. I'm not sure what their policy is going forward with the new finance changes...
