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Posted in Lenders Mortgage Insurance

What is Lenders Mortgage Insurance (LMI)?

Posted by Chris Collard on 16 April 2024
What is Lenders Mortgage Insurance (LMI)?
Purchasing your first home is an exciting milestone, but saving 20% for deposit – particularly if you’re also paying rent and navigating cost-of-living pressures – can feel like an impossible mission. To understand your options, BOOK NOW. Consider options like Lenders Mortgage Insurance (LMI) to help achieve your dream of homeownership. Let's discuss the basics of LMI and answer some FAQs: 1) How does LMI work? LMI is a type of insurance that a lender take...
Posted in:Home loansFirst Home BuyersLenders Mortgage InsuranceLMIdeposit