Which lenders do 5% Deposit + LMI?
- Thread starter BigCol
- Start date
Hi Mortza
You might have just gotten in....I understand the new minimum for CBA is 10% deposit plus LMI up to 92%.
CUA is still doing 95% plus LMI if you pass their criteria.
NAB will do 95% but no LMI capitalised.
You might have just gotten in....I understand the new minimum for CBA is 10% deposit plus LMI up to 92%.
CUA is still doing 95% plus LMI if you pass their criteria.
NAB will do 95% but no LMI capitalised.
Bankwest will still do 95%.
But only on standard variable rate....also their serviceability ratio is lowest of the banks. So if you have a reasonable portfolio....it maybe harder to get more off them.
I think they will do 95% + plus LMI even if you are not an existing customer so long as you have strong serviceability.
They also have a product where you can fix the rate for say 1 yr and have 100% offset against it...
They also have a product where you can fix the rate for say 1 yr and have 100% offset against it...
Suncorp
Bankwest, but their rates are pretty bad, 7.3% right now i think.
Homeside, if your broker is up to the challenge.
Westpac, if you have a savings account with them already.
and others as mentioned...
Bankwest, but their rates are pretty bad, 7.3% right now i think.
Homeside, if your broker is up to the challenge.
Westpac, if you have a savings account with them already.
and others as mentioned...
add stg as an existing client
ta
rolf
ta
rolf
Really? In what states? Not NSW when I checked in March/April...
Rams does 95%+LMI capped to 97% everyday of the week and thier cheapest is around 6.39%, been doing it for ages actually
Hope it helps
Hope it helps
Hi all,
Is Rams still offering this? Also how do they rate in terms of fee's, service, rates etc?
I know they recently won Money Magazine's best non-bank lender of the year.
Is Rams still offering this? Also how do they rate in terms of fee's, service, rates etc?
I know they recently won Money Magazine's best non-bank lender of the year.
Hiya
Yes they are still doing 97 max with capped LMI
Some brokers still have access via the Franchise Network
Nothig much has really changed, still ok priced, service levels on entry are much better, cant comment on ongoing.
Same deferred establishment fees as before
A reasonable credit policy stil.
One of the chinks for many is the lack of an offset account
ta
rolf
Yes they are still doing 97 max with capped LMI
Some brokers still have access via the Franchise Network
Nothig much has really changed, still ok priced, service levels on entry are much better, cant comment on ongoing.
Same deferred establishment fees as before
A reasonable credit policy stil.
One of the chinks for many is the lack of an offset account
ta
rolf
Isn't the experience I've had... I earn a below average income and bankwest was one of very few who'd take a look at me.
