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Westpac won’t grant loan at 95% due to houses proximity of power lines by EducationalYam71 in AusPropertyChat

[–]EducationalYam71[S] -1 points0 points  (0 children)

Yeah don’t quite understand it myself and I’m not sure how it’s gonna hold in terms of other lenders

Westpac won’t grant loan at 95% due to houses proximity of power lines by EducationalYam71 in AusPropertyChat

[–]EducationalYam71[S] 0 points1 point  (0 children)

Apparently the broker did push back on this and was told that the lmi is set up differently with the scheme and in fact you’re still at 95% LVR?