Learning Centre Categories

Lenders Mortgage Insurance

What is lenders mortgage insurance

What is Lenders Mortgage Insurance (LMI)?

By Mortgage Broker Melbourne | September 17, 2020

Think of Lender’s Mortgage Insurance as your standard motor vehicle insurance. You pay a premium to cover the expenses of any repairs caused in an accident. Lenders Mortgage Insurance covers your lender in the instance that you are unable to meet your ongoing repayments. Yes, you read right, LMI covers the lender. There is a…

Learning hub Updates
Stay up to date with everything you need to know about home loans

Site Search

Mortgage Broker Melbourne

Things can change quickly in the market.

Subscribe and stay informed with news, rates and industry insights.