Browse Forums Home Finance Re: Bank Valuations on House+Land Properties 12Jun 25, 2008 3:20 pm This can depend on your lender, but some will refund part of you LMI if you have your property revalued and the amount outstanding on your loan is < 80%.
most will only do this in the forst 12-18mths of the loan. I dont know anyone who has done it with a construction loan, but I do know people who've got a refund of their LIM on an established property, and I cant see that thered be a difference - a valuation is a valuation. Hi, just need to ask if anyone build with Central Properties in Victoria. Thankd 0 4021 How much are you ahead in payments compared to where the build is at? Have you fully drawn down the loan? 5 11917 13 6632 |