Acquired Home Loans

Advice

Why do I need Lenders Mortgage Insurance (LMI)?

Traditionally, credit providers may only lend up to 80% of the total home loan amount, or maybe even less if you are borrowing for a rural property.

However, LMI allows you to borrow more for your purchase (in some cases up-to 97%) as it works by protecting your credit provider against any risk associated with your property should you default on your loan.

The premium you will need to pay for LMI depends on the purchase price of the property and how much you are borrowing. This insurance is paid by you at the time of settlement.

Call us today on 1300 400 500 or send us an email.

“My brother and I purchased an investment property from Acquired Properties after being recommended by a friend. Their research, customer service and professionalism made the process simple and easy. We wouldn’t hesitate buying through them again.”

Justin Furno
"Initially I was unsure of how to build a property investment portfolio, however Acquired Properties were helpful, approachable and listened to my concerns; explaining everything in simple terms. I knew I couldn’t do it by myself so I’m thankful that I chose Acquired Properties to help me through the process."

Evon Kong
“Acquired Properties made a great impression with their expertise and knowledge of property investment. Their industry knowledge and professionalism are just some of the reasons why I chose them to help expand, and look after my property portfolio. I can now look forward to the future knowing that Acquired are with me every step of the way.”

Paola Astudillo
"I highly recommend Acquired Properties for all your investment needs. They are true professionals with outstanding business acumen and integrity.”

Richard Narria

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