Archive for June 5th, 2024
Understanding Lender’s Mortgage Insurance (LMI)
Understanding Lender’s Mortgage Insurance (LMI) and How to Avoid It Lender’s Mortgage Insurance (LMI) is a common requirement for Australian home loans with less than a 20% deposit, adding to the cost of homeownership. This blog explores LMI, who needs it, and practical tips on avoiding it. What is LMI and Why Do Lenders Require […]
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