JIT,If you to 90%+ LVR, you will have to deal with LMI
Thanks, but I only need a 70% lend to get this built so no LMI. Upon completion I might top up some LOC's and stretch that LVR, but for now it should be a simple lend. The only complication is the trust ownership structure hence the business section contact at NAB.
Cheers,
Michael