Yeah, the issue is that we already paid LMI on the first one.
Lets say both places cost 300,000 - we already paid LMI on the first 300,000 loan.
Now we are borrowing another 300,000, so they want us to pay a fresh new LMI on 600,000.
Doesn't make sense to me?
Yeah, the issue is that we already paid LMI on the first...
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