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.
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I work in property finance so I have quite a bit of experience...
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