How To Avoid Lenders Mortgage Insurance

how to avoid lenders mortgage insurance

Lenders mortgage insurance (LMI) is one of the most unappealing costs of homeownership. It’s frustrating to consider that if you don’t have enough to cover a 20% deposit, you’re potentially required to pay additional for LMI. This ensures that the lenders are covered in the event you default on your loan. If this sounds like […]