Nucleus Wealth Insights

11 How and why you should avoid Lenders Mortgage Insurance, with Martin North - Nucleus Wealth Empower

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Sinopsis

In this episode of Nucleus Wealth Empower, Nucleus Wealth's Head of Operations Shelley George is joined by Martin North of Walk The World to discuss what Lenders Mortgage Insurance is, and why you should avoid paying it. Empowering you to develop money and investing as tools for living your fullest life. Timestamps: 00:00 Introduction 02:20 What is Lenders Mortgage Insurance? And when you need it 06:05 Possibility of getting a refund on Lenders Mortgage Insurance 08:10 Large amount of population not knowing what LMI is 10:56 Did LMI come up in Royal Commission? 12:00 Alternatives to avoid LMI 14:35 Martin's view on the property market going forward 18:09 Recap 21:10 Another way of avoiding borrowing over 80% 26:04 Banks providing LMI themselves 28:20 Where you can find more of Martin North To listen in podcast form click here: https://nucleuswealth.com/podcasts/?utm_source=youtube&utm_medium=direct&utm_campaign=podcast Get an obligation-free portfolio recommendation to see how we would invest for