In this episode of Nucleus Wealth Empower, Nucleus Wealth's Head of Operations Shelley George is joined by Martin North of Walk The World to discuss what Lenders Mortgage Insurance is, and why you should avoid paying it.

Empowering you to develop money and investing as tools for living your fullest life.

Timestamps:

00:00 Introduction

02:20 What is Lenders Mortgage Insurance? And when you need it

06:05 Possibility of getting a refund on Lenders Mortgage Insurance

08:10 Large amount of population not knowing what LMI is

10:56 Did LMI come up in Royal Commission?

12:00 Alternatives to avoid LMI

14:35 Martin's view on the property market going forward

18:09 Recap

21:10 Another way of avoiding borrowing over 80%

26:04 Banks providing LMI themselves

28:20 Where you can find more of Martin North

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Nucleus Wealth is an Australian Investment and Wealth Manager providing premium wealth services to all Australians. We're here to help you achieve financial peace of mind. To find out more head to https://nucleuswealth.com/?utm_source=youtube&utm_medium=direct&utm_campaign=podcast.

The information on this podcast contains general information and does not take into account your personal objectives, financial situation or needs. Past performance is not an indication of future performance. Damien Klassen and Tim Fuller are an authorised representative of Nucleus Wealth Management. Nucleus Wealth is a business name of Nucleus Wealth Management Pty Ltd (ABN 54 614 386 266 ) and is a Corporate Authorised Representative of Nucleus Advice Pty Ltd - AFSL 515796

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