Im trying to work out if there are any lenders out there that go above 80% lend without LMI?
Depends – nab business bankers can go to 90% but you need to have some form of commercial interests to get a business banker. Westpac and Cba can do 85% but it is pretty rare – need to be an existing client with in a strong position. You will struggle at branch level. I have no idea about what non banks offer – am a born again non-bank virgin
Westpac and ING used to. up to about 85%.
Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
http://www.Structuring.com.au
Email MeLawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://www.Structuring.com.au
Yes there are a few that will go to 90% but they charge a risk fee or similar to compensate for the lack of LMI.
Richard Taylor | Australia's leading private lender
or become a doctor and anz will waive lmi…..
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