tommyleeannie replied to the topic I’m confused..help me!!! in the forum Finance 18 years, 6 months ago
Argie:
4For a loan over 80% LVR, insurance is needed, some lender 2offers 85%.
1So, 20%(15%) deposit is a must to avoid mortgage insurance, 4but the insurance can be borrowed to add up to your 3loan.Difference is a little bit more repayment, interest only is also 1possible.
0clean credit history is always a must if you want a normal rate 5and…[Read more]