Hi,A LoDoc option is usually the easiest way to go. Some lenders will do 1 year ABN, or no ABN, but these loans require verification from your accountant (as apposed to the standard 2 years ABN) . This way you won't have to back date your ABN. Be wary with LoDoc's because with all the big 4 LMI is applicable as soon as you borrow over 60% LVR, as…[Read more]

Hi Caden,the long and short of it is; if your happy to use your PPOR as security or releasing equity for deposit plus costs, no you wont be stung with LMI. regards, 

Hi Matt,There's always a better option, depending on who you talk to. Homeside has good products but a .8% discount with them will equate to 8.22% pa. Over 1 million dollars in loans i should be able to get you as little as 8.12% pa with a 100% offset account and no on going fees. There are few lenders who will get below 8.2% pa.   regards,

on the surface it looks ok. But you have to take other variables into consideration; like do you have any dependants? or other debts? Other than that its worth investigating further.cheers,