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by Jason
Tue Sep 17, 2019 7:09 pm
Forum: Home Loan Forum
Topic: Loan for second property
Replies: 1
Views: 10292

Loan for second property

I have 85% equity with my wife in our home worth $1.7m. We are looking to purchase an investment property worth $1m with no deposit nor pay LMI. Is it possible for us to borrow for the full purchase price plus costs without paying LMI. What type of interest rate is this likely to incur. Rate on curr...