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Lenders Mortgage Insurance - Short Video

Andrew Williams

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A little bit cheesy but a basic explanation of Lenders Mortgage Insurance (LMI) by Genworth one of the providers of LMI.


Watch here: http://www.genworth.com.au/lmitoolkit/


Generally LMI is required if borrowing more than 80% of the property value although in some cases 85% without paying LMI is achievable and for Medical Professionals it may even be possible to go to 90% without having to pay LMI.


Kind regards



Edited by Andrew Williams
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