On Property Podcast

Lender’s Mortgage Insurance Explained

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Sinopsis

ARVE Error: Mode: lazyload not available (ARVE Pro not active?), switching to normal mode Lender's mortgage insurance is a one time fee the borrow pays to protect the lender against a riskier loan. Lender's Mortgage Insurance explained So let's say you want to invest in property but you don't have the minimum 20% deposit required. Well, you're likely going to have to pay what's called Lender's Mortgage Insurance. But what exactly is Lender's Mortgage Insurance and is it worth the cost? In this episode, I'm going explain Lender's Mortgage Insurance. What exactly it covers and why you would want to get it. Hey, I'm Ryan from onproperty.com.au, helping you find positive cash flow property and I've just moved house. If you're watching the video, you can see a bunch of boxes in the background behind me so I apologize that I don't have the best setup today, but I did want to create some good content for you. And this is a question that a lot of people ask. A lot of people want to see lender's mortga