95 lends

[zimby]

Did you run through the difference in LMI for 91% & 90%?

Yep, Funds would be more useful out of the loan, painful but likely worth it.
LMI is also somewhat tax deductible.

 

[tobe]

How do you define 'existing customer'? Can someone walk down to the local branch and open a generic savings account the day before doing their loan application?

Each bank defines it diferently. For ANZ it means holding a credit contract (credit card, car/home loan etc) for at least 6 months.

So no, you cant do it the day before application.

 

[Terry_w]

Each bank defines it diferently. For ANZ it means holding a credit contract (credit card, car/home loan etc) for at least 6 months.

So no, you cant do it the day before application.

But possibly worth planning ahead for...

 

[zimby]

For those playing at home.
Loan Conditionally approved at 91.79% lend with combank.