UBank – 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).
Citibank – No LMI on loans with 80-85% LVR is available for applicants who are citizens or permanent residents. In NSW there must be a minimum annual income of $180,000 per application. This offer is also postcode restricted – major metro areas only and excludes high-density units. It cannot be used for construction or land.
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.
ACN 660 600 251. Authorised Credit Representative number 503408. Australian Credit License number 384704. Part of the Finance Brokers Association of Australia Limited (FBAA) and licensed to give you credit advice. The information provided on this site is on the understanding that it is for illustrative and discussion purposes only. Whilst all care and attention is taken in its preparation any party seeking to rely on its content or otherwise should make their own enquiries and research to ensure its relevance to your specific personal and business requirements and circumstances. Terms, conditions, fees and charges may apply. Normal lending criteria apply. Rates subject to change. Approved applicants only.
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