Key Questions of LMI


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Additional Info

Service TypeMortgage
Contact Number/s456456267
State of the CountryNew South Wales
Classified ad is posted byCompany
Company NameNfinity Financials
A Few keywords that are highlight of your Advert.first home buyer, investment, refinance, LMI
List of other services or products i Offerloans
Classified HighlightsWe give our clients additional options and confidence in their financial decisions by providing access to a broad range of loan options and services. Trust Nfinity Financials to make the mortgage procedure as simple as possible.

Advertisement Description:

In Australia, if you’re buying a house with a small deposit (less than 20% of the home’s price), you might need something called Lenders Mortgage Insurance (LMI). This insurance protects the lender in case you can’t pay your mortgage and they need to sell the house for less than what you owe. So, who pays for it? Usually, it’s the person buying the house, not the bank. It’s like an extra cost you have to pay upfront to help the bank feel more secure about giving you the loan. We will cover all the key questions about LMI.

Listing ID: 299665022306e223

May 26, 2024 9:55 am

9974 days, 23 hours

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