Day: July 9, 2018

real estate investment advice

Lenders Mortgage Insurance, what is it and do I need it?

Below is a fact sheet that explains lenders mortgage insurance (LMI) and provides answers to some commonly asked questions. What is lenders mortgage insurance? Lenders mortgage insurance (LMI) is one way to buy a home without having the 20 per cent deposit which is typically required by most banks and financial institutions. With LMI, lenders …

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