How Lenders Mortgage Insurance (LMI) helps Australians enter the market earlier, protect savings, and make smart property moves — even without a 20% deposit.
Imagine the relief of finally owning your own home—no more renting, no more watching your hard-earned savings sit untouched while property prices keep rising.
How would it feel to step inside your own front door sooner than you ever thought possible? To give your family the stability and future you’ve dreamed of—without waiting years to save that full 20% deposit?
Buying property often feels like a long, frustrating wait — but what if you didn’t have to wait?
Many Australians don’t realise there’s another way. Lenders Mortgage Insurance (LMI) is a one-time premium that can help you buy sooner.
How would it feel to step inside your own front door sooner than you ever thought possible? To give your family the stability and future you’ve dreamed of—without waiting years to save that full 20% deposit?
Buying property often feels like a long, frustrating wait — but what if you didn’t have to wait?
Many Australians don’t realise there’s another way. Lenders Mortgage Insurance (LMI) is a one-time premium that can help you buy sooner.
Lenders Mortgage Insurance (LMI) lets you:
Understanding how to use LMI strategically could be the smartest move you make on your property journey.
- Step into the market sooner, before prices rise further
- Keep more cash for renovations, emergencies, or investing
- Start building your property wealth with confidence — whether you're buying your first home or expanding your portfolio
Understanding how to use LMI strategically could be the smartest move you make on your property journey.
The Dilemma Every Australian Property Buyer Faces
- Saving for a 20% deposit feels endless, while prices keep climbing.
- Waiting longer risks missing out on years of capital growth.
- Many don’t realise LMI isn’t just a cost — it’s a strategic tool.
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"Everyone told me to wait. But waiting would’ve cost us more than the LMI ever did."
- Megan, Perth
- Megan, Perth
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What Is LMI, Really?
- LMI is a one-time insurance premium required when your deposit is less than 20%.
- It protects the lender, not you.
- It lets you buy earlier, start building equity sooner, and access rental income and tax benefits.
It’s a friendly, no-obligation conversation to help you decide your best path.
⚡ Did You Know?
Paying LMI can help keep your savings intact for renovations or an emergency fund — a big advantage when buying property.
Paying LMI can help keep your savings intact for renovations or an emergency fund — a big advantage when buying property.
How Lenders Mortgage Insurance Helps You Buy Smarter
LMI is a one-time insurance premium paid when your deposit is less than 20%. It protects the lender — not you. But this protection allows you to:
- Buy sooner and capture years of potential capital growth
- Maintain your financial flexibility by preserving your savings and offset accounts
- Access rental income and tax benefits earlier — accelerating your wealth-building journey
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"LMI gave us permission to start earlier. It wasn’t a cost — it was a bridge."
- Leah, NSW
- Leah, NSW
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While it’s an added cost (for example, around $12,000 on a $600,000 property at 90% LVR), the potential missed growth from waiting often far outweighs this expense.
You don’t have to wait years.
You don’t have to wait years.
LMI Isn’t Just a Cost — It’s a Strategic Tool
Think of LMI not as a cost, but as your bridge to freedom—the tool that lets you stop waiting and start owning.
While it protects the lender, it gives you the chance to claim your place in the property market today, build equity, and create a secure future.
Why let waiting steal your chance when LMI can help you seize it?
While LMI exists to protect the lender, when used wisely, it can work in your favour by helping you:
✅ Enter the market early and capture capital growth sooner
✅ Keep more cash on hand for offset accounts, renovations, or investment
✅ Build equity and generate rental income while others continue saving
✅ Leverage time and growth as assets, not liabilities
💬 “We kept our emergency buffer and still bought. LMI gave us both growth and peace of mind.” — Daryl, QLD
While it protects the lender, it gives you the chance to claim your place in the property market today, build equity, and create a secure future.
Why let waiting steal your chance when LMI can help you seize it?
While LMI exists to protect the lender, when used wisely, it can work in your favour by helping you:
✅ Enter the market early and capture capital growth sooner
✅ Keep more cash on hand for offset accounts, renovations, or investment
✅ Build equity and generate rental income while others continue saving
✅ Leverage time and growth as assets, not liabilities
💬 “We kept our emergency buffer and still bought. LMI gave us both growth and peace of mind.” — Daryl, QLD
No pressure. Just a helpful conversation tailored to your situation.
An award-winning buyers agency...
An award-winning buyers agency...
Is LMI Right for You?
It might make sense if you...
- Have a stable income and a 5–15% deposit
- Want to enter the market before prices rise further
- Prefer to keep cash for emergencies or investment buffers
- Don’t have access to a guarantor
It might not be right if you...
- Have unstable income or minimal savings
- Plan to sell or move within 1–2 years
- Qualify for other deposit support or professional waivers
🤔 Did You Know?
Property prices in many Australian cities have historically grown around 5–7% per year — waiting to save more could cost you thousands.
Property prices in many Australian cities have historically grown around 5–7% per year — waiting to save more could cost you thousands.
Real Aussies, Real Results
Raj & Meena (Werribee)
First-gen family. Used LMI, kept $25K cash in offset.
“We felt secure, not stretched. That was our priority.”
First-gen family. Used LMI, kept $25K cash in offset.
“We felt secure, not stretched. That was our priority.”
Sarah (Brisbane)
Bought in 2022 with a 10% deposit. $110K growth in 2 years.
“Without LMI, we would’ve missed the growth wave entirely.”
Bought in 2022 with a 10% deposit. $110K growth in 2 years.
“Without LMI, we would’ve missed the growth wave entirely.”
Talia (Parramatta)
Nurse. Bought solo, paid LMI, refinanced in 2 years.
“LMI felt like a stepping stone, not a burden.”
Nurse. Bought solo, paid LMI, refinanced in 2 years.
“LMI felt like a stepping stone, not a burden.”
Limited sessions weekly so you get my full attention.
Got Questions About Lenders Mortgage Insurance? We’ve Got Answers.
LMI is a one-time insurance premium required if your deposit is under 20%. It protects the lender, not you, but it means you can step into the market sooner rather than later.
Costs vary by loan size and deposit, but a $400K loan at 90% LVR might incur LMI of around $6,000–$8,000.
Yes — if you’re buying an investment property, LMI is typically deductible over five years. It’s not deductible on your own home.
Yes — if you have a 20% deposit, a guarantor, or qualify for lender waivers (e.g. certain professions). For many buyers, paying LMI helps get ahead faster.
No. It protects the lender. You still need buffers and smart borrowing to protect yourself.
Often yes — especially if property prices rise while you’re saving. It’s the cost of entering the market sooner and starting your wealth journey.
Your Free Personal Strategy Session — What to Expect
- A calm, no-pressure 1:1 chat with a licensed property strategist.
- Get clarity on how LMI fits your unique situation.
- See personalised numbers on borrowing power with and without LMI.
- Leave with a clear plan — no hard sells, just guidance.
About Rasti & Get RARE
Rasti Vaibhav is a licensed buyer’s agent, ex-fund manager, and the author of The Property Wealth Blueprint.
He built an 18-property portfolio from scratch and now helps everyday Australians buy with strategy and confidence.
🎖️ REB Awards Finalist | As seen in: SMH, REA, Daily Telegraph
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We’ll help you explore your borrowing power and next steps — no obligation, no hard sell.
We’ll help you explore your borrowing power and next steps — no obligation, no hard sell.
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