Can I borrow the Lenders Mortgage Insurance (LMI) premium or do I need to pay for it upfront?
Lenders Mortgage Insurance (LMI) is deducted from your loan proceeds. To assist borrowers Qudos Bank, in some cases, may allow you to add the premium to your loan amount and repay it with your home loan repayments.
We acknowledge the Traditional Owners of the lands on which we operate and pay our respects to Elders past and present, and to emerging community leaders. We also acknowledge the important role Aboriginal and Torres Strait Islander peoples continue to play within the communities in which Qudos Bank operates and where our team members reside.