Hi all My post is on a similar topic to one yesterday, but I didn't want to hijack the thread. I am a first time investor. I have just made a purchase of $330k and I need to decide on my loan details. This is my very first property, i.e. I do not own a PPOR. I am undecided about how much to borrow. I can afford a 90% LVR and even 85% if I take money out of shares, but one of the investor broker is advising me to borrow 95% to maximise exposure. The LMI for 90% is $4500 and for 95% is $10000. Another broker recommends me to go with 90% now and can always change it to 95% at a later stage when needed, just pay the difference in LMI. Can anyone give me more insight about changing LVR after the loan has been set up? How easy is it? I am aiming for an offset account where I let all the remainder spare cash to sit, until I buy the next, so the cash flow would be quite similar for all scenarios. Thanks in advance!