Nick Bendel is a professional journalist with more than a decade's experience writing about mortgage broking, property, finance, economics and business. His work has been published in The Adviser, Mortgage Business, Real Estate Business, Elite Agent, Smart Property Investment and RateCity. Nick has been fascinated by money since he was a child and is also a property investor.
LMI protects lenders against the risk of not recovering the outstanding loan balance should you be unable to pay your mortgage and the property is sold for less than what is owed....
