STANDARD LMI

Target Market

Suited to a wide range of borrowers, including First Home Buyers and investors wishing to access residential mortgage finance.

Key Features and Benefits

  • Allows borrowers to purchase their property with only a 5% deposit
  • Loan terms of up to 40 years are available which assists in lowering repayments
  • Discounts may be available for First Home Buyers
  • Capitalisation of LMI Premium available
  • Available for a wide range of purposes including: Home Improvements, Refinances, Bridging Finance, Debt Consolidation, Vacant Land, Construction and Equity Release 

Maximum Loan Amount And LVR (Per Security)

As per Genworth Financial Security Location Guide

 

Property Type
LVR
Category 1
Category 2
Category 3

House / Unit

 

 

0 - 80%

 $1,000,000

 $750,000

 $500,000

80.01 - 90%

 $850,000

 $600,000

 $450,000

90.01 - 95%

$750,000

$500,000

$350,000

Land

0 - 90%

$600,000

$400,000

$200,000

90.01 - 95%

$550,000

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Click here to download our Maximum Loan Amount Matrix