From: Geoff Whitfield
Hi,
I've just been told I can't get mortgage insurance on a block of units (8 units, regional).
Has anyone heard of this?
I've heard there's 2 or 3 mortgage insurers who cover all the business. My institution has only dealt with one- would be interested in knowing the other(s).
If I can't get LMI for a 90% loan, would that mean I cannot get a loan with any institution?
Hi,
I've just been told I can't get mortgage insurance on a block of units (8 units, regional).
Has anyone heard of this?
I've heard there's 2 or 3 mortgage insurers who cover all the business. My institution has only dealt with one- would be interested in knowing the other(s).
If I can't get LMI for a 90% loan, would that mean I cannot get a loan with any institution?
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