Available for borrowers, especially first homebuyers with no deposit, who have an immediate family member that is willing and able to offer security support.
Provides access to finance for full purchase price, plus an additional 10% to cover other costs such as stamp duty, renovations or setting up their home.
Key features and benefits
- No deposit or genuine equity required
- Discounts may be available for first homebuyers
- Loan terms of up to 30 years are available
- Capitalisation of LMI premium available
- Available for a range of purposes including purchases and construction of owner-occupied or investment property.
For more information see the Genworth LMI Underwriting Guidelines.
Maximum LVR and Loan Amount
For more information see the Genworth Maximum LVR and Loan Amount Matrix.