Posted in LMI

Purchasing your first home is an exciting milestone, but saving 20% for deposit – particularly if you’re also paying rent and navigating cost-of-living pressures – can feel like an impossible mission. Consider options like Lenders Mortgage Insurance (LMI) to help achieve your dream of homeownership. Let's discuss the basics of LMI and answer some FAQs: 1) How does LMI work? LMI is a type of insurance that a lender takes out to protect itself against the risk of ...