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From: D R
Hi All,
I have had LMI refunded.
Has to be done within 12 months of taking out the LMI loan. I was with NAB. Bought a place at 90%LVR, 6 months later had it revalued by NAB to a higher amount. This LVR went to 80% after the valuation. My banker then wrote a letter to LMI for a refund. From memory I got about 2/3 back. Yeah!!!
Cheers
DR
Hi All,
I have had LMI refunded.
Has to be done within 12 months of taking out the LMI loan. I was with NAB. Bought a place at 90%LVR, 6 months later had it revalued by NAB to a higher amount. This LVR went to 80% after the valuation. My banker then wrote a letter to LMI for a refund. From memory I got about 2/3 back. Yeah!!!
Cheers
DR
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