85% no LMI

Find out which lenders offer no LMI (lenders mortgage insurance) between 80-90% LVR.

UBank – No LMI up to 85% LVR. For owner-occupied loans only. This product can be used to purchase or refinance a property.  Repayments must be principal and interest. This lender does not do land only or construction loans and applicants must be employed PAYG (ie. Not self-employed).

Bluestone – No LMI up to 90% LVR – 90% is restricted to Sydney, Melbourne, and Brisbane Metro areas. 85% no LMI is available for properties in other areas (there are limitations to location and property types).

St George and Bank of Melbourne – $1 LMI is available to first-home buyers only. It is only for owner-occupied properties with principal and interest repayments. If it is a joint application, only one applicant must be a first home buyer. Cannot be used for construction or family guarantee loans (offer withdrawn by lender).

Finsure Loans Plus – No LMI up to 90% on Prime Full Doc home loan (expires: 04/06/2025).