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LMI

Posted by denatured denatured
Message 1 of 2 230 Views

Would I need to still pay LMI if I transferred my existing bankwest housing loan to another bankwest housing loan product, as my LVR is still above the 80%.

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Re: LMI

Posted by MegB MegB
Message 2 of 2 218 Views

Hey @denatured you would only be charged LMI during the initial home loan application, not for the transfer to the new product (eg transferring from Premium Select to the Complete Package).

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