If you have been Declined by mortgage insurance this loan will help.
No mortgage insurance loan
- This loan feature simply allows you to make extra repayments on your home loan and then access those funds if needed.
- Your redraw amount could be used as a deposit on an investment property.
- These loans do not require mortgage insurance or to pay a mortgage insurance premium.
- Can save you thousands of dollars allowing you to buy your home sooner.
- Mortgage insurance can be strict and passing the criteria can be the downfall of applying for a mortgage. This way can alleviate the mortgage insurance problem.