Is LMI worth paying? [Why lenders mortgage insurance is so expensive]

Описание: Buying a home in 2021 requires you to put in a deposit, and if you have less than 20% in savings you will have to pay lenders mortgage insurance or LMI. So how can you make the most of it in 2021?

LMI Calculator Below
https://www.huntergalloway.com.au/lmi...

00:00 - How to get the most out of lenders mortgage insurance?
00:15 - How does mortgage insurance work?
01:04 - How is lender mortgage insurance calculated?
01:25 - Lenders mortgage insurance premium.
01:52 - How much do you pay in lenders mortgage insurance?
02:05 - How to calculate the mortgage insurance you'll pay?
03:59 - Can lenders mortgage insurance be waived?
05:54 - Do i need lenders mortgage insurance?
07:03 - How long do i pay lenders mortgage insurance for?
09:09 - Conclusion

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Mortgage Broker Brisbane - Hunter Galloway
Head Office: 3 Latrobe Tce Paddington QLD 4064
PO Box 841, Paddington QLD 4064
CBD Office: Level 20, 300 Queen Street Brisbane, QLD 4000

Hunter Galloway are an Award Winning Mortgage Broker based in Brisbane. We help clients from our local area, Australia, and all over the world. We believe buying a home should be stress-free and uncomplicated, and we will work for you to make your dreams become reality.

Next steps and settling your first home

Our team here at Hunter Galloway is here to help you buy a home in Brisbane. Nathan & Joshua Vecchio are Senior Mortgage brokers who specialise in making your home journey easy.

Unlike other mortgage brokers who are just one person operators, we have an entire team of experts to help make your home loan journey as simple as possible.

If you want to get started, please get in touch and we can book a time that suits you – either a phone call information session or a face to face meeting (which doesn’t cost anything for you).

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