Daily Archives: September 22, 2020

You don’t have to pay for lender’s mortgage insurance upfront

Lenders mortgage insurance (LMI) premiums are payable in two ways, an upfront fee, or by capitalisation. Capitalising your LMI premium essentially means adding it to the total loan amount, and paying it off in regular instalments with your home loan. For most home purchasers saving a 20% deposit can be hard – and takes time.…

Safeguard your property

Your property is likely to be your largest investment so it’s a good idea to protect it. There are many different types of insurance you may want to consider when you are buying a property. Home insurance Home insurance (also known as home building insurance) can cover you for damage to your home in the…