advice needed on buying second property, page-22

  1. kingcarmelo
    1,504 Posts.
    clock Created with Sketch.
    25/07/13
    23:01
    Post #: 12112570
    I work in property finance so I have quite a bit of experience with LMI.

    LMI is tiered by loan value and then obviously the loan to value ratio.

    There are two mortgage insurers; Genworth & QBE

    Westpac and ANZ have an internal mortgage insurance.


    Please note half of LMI is claimable on tax if the loan is for an investment property.

    Likes Created with Sketch.  Upvote
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

AL8 "What is the focus of AL8 and how is management going to attract shareholders to the registry?"
right-arrow Created with Sketch.
TSO Tesoro reports gold grading 173g/t in Chile, sending share price soaring
right-arrow Created with Sketch.
NEWS From the Floor: Gold questions answered...
right-arrow Created with Sketch.
NEWS Dominos looks tasty and tempting, but could be too spicy and even dicey
right-arrow Created with Sketch.
NEWS Week 24 Wrap: US contagion sentiment not so contagious; iron ore remains pressured
right-arrow Created with Sketch.
NEWS MiningNews Select Conference: Inflation and global shifts pose funding challenges for Aus miners
right-arrow Created with Sketch.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.