- Reduced LMI premiums: several lenders are just starting to provide first home purchasers a discount on their LMI premium.
- Insurance responsibility for NSW purchase: an policy that is LMI the house in NSW is exempt from insurance coverage responsibility so long as the premium for that policy ended up being compensated on or after first July 2017.
- Specific vocations professionals that are: Medical Accountants, lawyers, expert Athletes may all qualify for the No LMI loans whenever borrowing as much as 90per cent regarding the home price.
- 15% Deposit No LMI: in cases where a single or couple’s blended taxable earnings is around $180,000, you could qualify for a no LMI loan when you have a deposit of at the very least 15% conserved.
- Guarantor loans: Simply by using your parent’s home to pay for the 20% deposit, you might manage to borrow 100% for the home price + connected home expenses and give a wide berth to having to pay any LMI.
Please contact us on 1300 889 743 or finish our free online evaluation form and we’ll supply a tailed solution for you personally.
Get a 1.40per cent price discount!
Did you know one of our loan providers has a particular 95% plus LMI home loan readily available for low danger borrowers?
- One loan provider currently features a 1.40% discount being a unique offer for loans over $500,000, and 1.30percent for loans over $250,000 as much as $500,000!
- You really must be purchasing a house (refinances aren’t accepted).