What if I have a low deposit?

With less than 20%, you may be required to pay Lenders Mortgage Insurance (LMI) premium. You also may be able to use a family member as a guarantor, leveraging their property for your loan.

Everyone has a unique set of circumstances and financial attributes. It’s important to have your broker compare the lenders with lower LMI premiums.

Discuss your options with one of our experienced mortgage brokers to find the best option for your circumstances.