Post Tagged with: "lenders mortgage insurance"
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Lenders Mortgage Insurance (LMI) vs Parental Guarantee
What is LMI? Lenders Mortgage Insurance (LMI) was introduced by the Federal Government in 1965 to transfer the risk from the lender to the insurers. Without a 20% deposit, home […]
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Lenders Mortgage Insurance (LMI)
LMI was introduced by the Federal Government in 1965 to transfer the risk from the lenders to the insurers. Without a 20% deposit, home buyers are usually required to take […]