Post code restrictions

Any general questions you might have in regards to loans and finance.
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yyyy
Posts: 1
Joined: Mon Nov 30, 2009 8:48 pm

Post code restrictions

Post by yyyy »

Hi,

I am just wondering has anyone managed to get 90% loan for city apartments? I've been told Genworth refused to sell LMI to my lender. What other choices do I have? I need the loan urgently.

Thanks,

YY

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Otto Dargan
Mortgage Specialist
Posts: 7730
Joined: Sat Sep 06, 2008 5:55 pm
Location: Sydney, Australia
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Re: Post code restrictions

Post by Otto Dargan »

Hi YY,

Yes as long as the apartment is over 50m2 then yes we have lenders (with excellent rates) that can lend more than 80%. Some lenders have negotiated special policy with the LMI providers. We have in the past done some 95% loans and even 100% loans (when they were available) for CBD units.

Please enquire online or give us a call on 1300 889 743

Thanks
Otto Dargan
Mortgage Broker
P | 1300 889 743
Home Loan Experts

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