Apr 30, 2019 | Purchasing Property
Most Australians need to take out a home loan when purchasing a new property, whether they’re buying their own home or choosing one for investment purposes. Sometimes, however, lenders worry that the borrower won’t be able to repay the loan and, naturally, they...
May 3, 2017 | Purchasing Property
Mortgage insurance, also commonly known as lender’s mortgage insurance or LMI, is used to protect lenders in case a borrower defaults on their loan. It is important to understand that LMI does not give the borrower any protection and in fact the insurer could come...