PropertyInvesting.com | BBPerth | Activity https://www.propertyinvesting.com/members/bbperth/activity/ Activity feed for BBPerth. Tue, 07 Apr 2026 05:32:46 +0000 https://buddypress.org/?v=2.8.1 en-US 30 hourly 2 168d479026bc6790b08973703f236e6b BBPerth replied to the topic Mortgage Insurance Query in the forum Finance https://www.propertyinvesting.com/topic/4408576-mortgage-insurance-query-2/#post-4685200 Sun, 03 Feb 2013 13:07:43 +0000 Hi,

Although I understand what Cross Collaterisation is, I am unable to tell if this is what the bank has done based on what I am reading in my loan documents (I am in the process of checking with my broker though…)

Investment loan 1 was taken out about 5 years ago…interest only
When investment loan 2 was taken out 6 months ago…I was sent…[Read more]

]]> 0a3139b4b680d1a28d393d05f34508db BBPerth replied to the topic Mortgage Insurance Query in the forum Finance https://www.propertyinvesting.com/topic/4408576-mortgage-insurance-query-2/#post-4685197 Mon, 28 Jan 2013 02:20:32 +0000 Yes, I have always gone through a broker.

]]> d0580185a10f065aa93541b5254563f7 BBPerth replied to the topic Mortgage Insurance Query in the forum Finance https://www.propertyinvesting.com/topic/4408576-mortgage-insurance-query-2/#post-4685195 Sun, 27 Jan 2013 13:34:58 +0000 Thanks very much for the info Shahin.

Next time, so next time I need to ensure I pay LMI on each loan individually.

]]> 40b1465817ab8650499abad3f5553501 BBPerth replied to the topic Mortgage Insurance Query in the forum Finance https://www.propertyinvesting.com/topic/4408576-mortgage-insurance-query-2/#post-4685193 Sun, 27 Jan 2013 12:28:33 +0000 Property 1 – Loan limit $353,000. Valuation 6 months ago $450,000
Property 2 – Loan limit $440,000. Valuation 6 months ago $430,000

]]> 8d7cb31a397fa5063a7f4d082709bc5e BBPerth replied to the topic Mortgage Insurance Query in the forum Finance https://www.propertyinvesting.com/topic/4408576-mortgage-insurance-query-2/#post-4685191 Sun, 27 Jan 2013 12:12:12 +0000 Hi Shahin,

Yes it is 2 separate properties, each with different loans setup.
According to the last valuation, the first property is valued at approx $450,000 and the second (newly purchased) is still valued at pretty much the same as the loan amount.

Thanks for your response, I know this is a very general topic, however I want to ensure I…[Read more]

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