Waived LMI

Why Do Banks Give Lawyers Special Treatment?

personOtto Dargan access_timeAugust 22, 2015

Not many lawyers, solicitors or barristers know this but Australian lenders have a bit of a love affair with you guys. Before you get creeped out, what we’re saying is that banks are willing to offer massive discounts on your home loan because they consider legal professionals...

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Why Should Lawyers Use A Mortgage Broker?

personOtto Dargan access_timeJuly 22, 2015

As a lawyer, do you know much about what mortgage brokers do? You should! They’re professionals that know how to save lawyers, solicitors and barristers thousands of dollars on their home loan. The reason is that banks consider legal professionals to be low risk borrowers...

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Westpac Drops Genworth: Cheaper LMI?

personOtto Dargan access_timeFebruary 25, 2015

One of Australia’s largest banks, Westpac, recently announced that it has ended its long-standing agreement with Genworth Financial Mortgage Insurance (Genworth) to provide Lenders Mortgage Insurance (LMI). LMI is a one off premium payable when borrowing more than 80% of...

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