No LMI

Find out which lenders offer no LMI (lenders mortgage insurance) between 80-95% LVR.

Australian Government Scheme: No LMI up to 95% LVR for first home buyers (click here for more details)

Medical Professionals: No LMI up to 95% LVR for medico applicants (click here for more details)

UBank: No LMI up to 90% LVR. For owner-occupied loans only. This product can be used to purchase (up to 90%) or refinance (up to 85%) 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 – 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)

Pepper: No LMI up to 90% LVR on Prime Full Doc home loan (expires: 18/11/2025)