Why need ??
Typically the diff between an 80 and a 90 % lend is 10 to 25 pts, and thats with a normal LMI loan. there are exceptions of course
understand that a NO LMI loan means the lender has to carry a higher capital reserve , so the cost of the funding is higher.
Often you are...
will be somewhere between 4.63 to 5.99 depending on volume, security, loan splits, quality of borrower.
Im guessing the q you are asking, is there a large diff between the 80 and 90 no LMI. usually not
ta
rolf
yes, but mostly its occupation driven
Docs, dentists, allied medical, CPAs some engineers etc
A little income tested as well depending on lender and qualification.
broker Corey in Adelaide who posts here Im sure can help
ta
rolf