Lender’s Mortgage Insurance (LMI) Explained: A Comprehensive Guide for Homebuyers
Reading Time: 8 minutes Buying a home is one of the most significant financial decisions you’ll ever make, and for many Australians, securing a home loan can feel daunting—especially if you don’t have a 20% deposit. This is where Lender’s Mortgage Insurance (LMI) comes into play. LMI is a type of insurance designed to protect the lender if the […]