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Sorry was meaning in relation to claw back of commission paid by the lender to the broker. I think if I refinance before a years up then the broker will pass charge me this clawback as a fee for the service provided.

Does this mean that I could use a different broker to obtain this finance? I used a broker to obtain the original loan and it was only in January. I don't think he is the right broker going forward as I don't think he has experience in people accumulating property. I believe there is a claw back...

Would you have to use the same bank for this? Assume this means you don't touch the current loan (its already IO).

Thanks guys, will definitely be getting specific advise before doing it, just wanted to know if it was potentially possible.

Hi guys Sorry for another question.. I've got my unit which is my PPOR which currently has an LVR of 80%. If I were to get this revalued after doing a reno at increase LVR to 90% and used the full amount of the new funds as a deposit for an IP, would the full amount of the LMI be...