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which bank are the savings with? I find cash in the bank is a huge factor in getting a positive credit score outcome.

92% might be ok with credit score if your significant savings are with CBA . I'd still recommend 10% + stamp duty, $2000 for other costs, less 10k fhog if at all possible.

You are about $13K - $15K short of deposit for a 90% + LMI lend overall (I have included FHOG of $10K). So unless you can do this after the default is removed I wouldn't take the risk of entering into a contract at above that LVR level as credit scoring will cruel you. I don't know of...