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Can your profession save you on your home loan?

The lucky ones Accountants, lawyers and teachers are commonly eligible for home loan discounts, or particular loan types without fees, based on their professions. “The benefits differ depending on specific professions,” Otto Dargan, Managing Director at Home Loan Experts explains. “It depends on what industry the lenders decide to target as it’s a constantly changing […]

How to avoid paying LMI

Lender’s Mortgage Insurance (LMI) is required in many instances when a loan is worth more than 80 per cent of a property’s purchase price, as well as in some other circumstances. In very basic terms, when a lender considers a loan to carry a high risk, LMI is likely payable. Here’s how you can avoid […]