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Hustler’s GuideTO LENDERS MORTGAGE INSURANCE
THE
LENDERS MORTGAGE
INSURANCE.
HOW TO AVOID
15-20%
1. Save
Of the purchase price
as a deposit.
GUARANTOR
2. Find a
The banks will use part of your
guarantor’s property as security.
Want to borrow 110% of the purchase price using a guarantor. Click here
Doctor
3. Become a
or some other type of
eligible professional.
Find out if you are an eligible professional.
BETTER DEAL
HOW TO GET A
ON LENDERS MORTGAGE INSURANCE.
HOME BUYER.
1. Be a first
INTO YOUR LOAN.
2. Add the cost of lenders mortgage insurance
CHEAPER PROPERTY.
3. Buy a
Find out how much you could be paying in LMI.
BIGGER DEPOSIT.
4. Save a
Find out how much you’re borrowing with this LVR calculator.
RIGHT LENDER.
5. Choose the
Too busy to call +40 lenders in Australia? Find out how a mortgage broker can help you for FREE.
GET DECLINED
HOW NOT TO
BY THE MORTGAGE INSURER.
INSURER SEE
1. Don’t let an
your application.
Lenders have their own Delegated Underwriting Authority. Learn more.
SHOP AROUND
2. Do not
by applying with different lenders.
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Hustler's Guide to Lenders Mortgage Insurance