What is LMI? FAQ

 

Lenders’ Mortgage Insurance (LMI) is a third-party insurance premium. It’s payable by you as a borrower. Although the borrower pays for it, LMI protects the lender against the potential loss that may be incurred if you’re unable to repay your home loan.

Want to know more? Speak to a Lending Specialist on 13 73 77Monday to Friday 8:00am - 6:00pm AEST.

Get started today

Let us call you back to discuss your home loan needs. Enquire online and a Lending Specialist will be in touch.

Enquire now

Related Stories