What does LMI mean and Why do I have to pay it
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Buying property almost means learning a new language. One of the most common acronyms is ‘LMI’. LMI is a term used by banks, lenders, mortgage brokers, accountants and financial planners when discussing buying a property and your loan requirements. But what does LMI mean and why do you have to pay it? Definition of LMI LMI stands for […]