Do you know your LMI from your LVR? Or how to get a higher LVR without paying LMI? Smart Property Investment’s Phil Tarrant sits down with Sharon Xie of Finni Mortgages to unpack the relationship between lenders’ mortgage insurance (LMI) and the loan to value ratio (LVR).
The duo discuss the cruciality of finance accessibility when building one’s portfolio, with Sharon sharing the professionals and first-time buyers who are sitting in prime position when it comes to slashing LMI costs.
Sharon also explains the benefits and potential pitfalls of higher LVR lending, highlighting the pros and cons for investors who are looking to get their start on the property ladder.
