Residential First Home Buyer Purchase

A new Client had around 15% deposit saved and wanted to purchase their first home.

Challenges Faced

Significant Lenders Mortgage Insurance (LMI) costs apply to most Borrowers when borrowing more than 80% of the property value.

LMI for this proposal would have been around $10,000.


With the benefit of our wide panel of Lenders we were able to identify a special promotion for First Home Buyers which would reduce the cost of LMI from $10,000 to just $1.00!

We were also able to negotiate a competitive interest rate discount, resulting in a very happy Client who is now enjoying their first home.

Get in touch for a free consultation