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How much does Lenders Mortgage Insurance really add to a home loan?

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Manage episode 447971743 series 2837129
Konten disediakan oleh Jason Whitton. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Jason Whitton atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.

In this episode of Wealth Coffee Chats, Cang Dang from Positive Money discusses the current state of the market, focusing on inflation rates and their potential impact on interest rates. He delves into the costs associated with Lenders Mortgage Insurance (LMI) when purchasing property, explaining how it varies based on loan-to-value ratios. Cang also walks you through the strategies for waiving mortgage insurance, including professional exemptions and government schemes, while emphasizing the importance of structuring loans effectively to minimize costs. Let’s Wealth Coffee Chat!

  continue reading

420 episode

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Manage episode 447971743 series 2837129
Konten disediakan oleh Jason Whitton. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Jason Whitton atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.

In this episode of Wealth Coffee Chats, Cang Dang from Positive Money discusses the current state of the market, focusing on inflation rates and their potential impact on interest rates. He delves into the costs associated with Lenders Mortgage Insurance (LMI) when purchasing property, explaining how it varies based on loan-to-value ratios. Cang also walks you through the strategies for waiving mortgage insurance, including professional exemptions and government schemes, while emphasizing the importance of structuring loans effectively to minimize costs. Let’s Wealth Coffee Chat!

  continue reading

420 episode

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