The thought of buying your next property can be exciting and stressful. So when you are upgrading, the first question to answer is whether or not you will sell your current home before purchasing a new one?
If you're looking to reduce your stress load, look no further! Mortgage experts will help make it easy for you and provide answers tailored specifically to the type of person that are. Here’s our guide to help you figure out should you sell before you buy your next home?.
Lenders mortgage insurance, or LMI for short is an insurance policy which covers the lender against the losses they may incur in case of a default.
This event can happen when you are unable to pay your home loan repayments on time and it’s important that this type of coverage be present if possible because lenders have lots at stake.
For more help, you can talk to the Coronis Finance broker in Queensland.