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You are here: Home > Blog > LMI waiver

[3 min Wed finance tip series] Do you know your profession may allow you to save on your home loan?

When it comes to saving on your mortgage, some of you may not have to look further than your job. If yours is a profession that classifies you as a ‘low risk’ borrower in the eyes of lenders, then you may be entitled to special discounts.   The lucky ones Accountants,…
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[3 min Wed finance tip series] What is LMI and how can I avoid paying it?

Lender’s mortgage insurance (LMI) is required in many instances when a loan is worth more than 80 per cent of a property’s purchase price, as well as in some other circumstances. In very basic terms, when a lender considers a loan to carry a high risk, LMI is likely payable. Here’s…
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Lend Power Pty Ltd is a Credit Representative (500998) of BLSSA Pty Ltd ACN 117 651 760 (Australian Credit License 391237) | I-Yung (David) Shih is a Credit Representative (501067) of BLSSA Pty Ltd ACN 117 651 760 (Australian Credit License 391237) | Mortgage & Finance Association of Australia (MFAA) Approved Member 575562 | Credit and Investments Ombudsman Member M0040381

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