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Looking for a daily update on creating the wealth of your dreams? Do you want property investment explained in a simple language? Do you want to learn it whilst sipping on your coffee? Then you’re in the right place! Join me for a daily coffee and chat about all things wealth. With a strong focus on real estate wealth, you’ll cut through the confusion and overwhelm that stops most people in their investment tracks. For the live edition of the episode, where I can answer your questions live, join me on Facebook
Episodes
Friday Nov 01, 2024
How much does Lenders Mortgage Insurance really add to a home loan?
Friday Nov 01, 2024
Friday Nov 01, 2024
In this episode of Wealth Coffee Chats, Cang Dang from Positive Money discusses the current state of the market, focusing on inflation rates and their potential impact on interest rates. He delves into the costs associated with Lenders Mortgage Insurance (LMI) when purchasing property, explaining how it varies based on loan-to-value ratios. Cang also walks you through the strategies for waiving mortgage insurance, including professional exemptions and government schemes, while emphasizing the importance of structuring loans effectively to minimize costs. Let’s Wealth Coffee Chat!