14/03/2025
π¨ Exciting news for police, firies, and ambos! π¨
I'm thrilled to launch a division of iChoice called 000 Home Loans to help those who help us. The banks have announced some generous changes for our hardest-working professionals:
β
92% LVR now extended for free on purchases π‘
β
88% LVR now extended for free on refinances π
The higher LVR available for emergency personnel without needing to pay Lenders Mortgage Insurance (LMI) is a game changer. This means they can borrow more and get ahead faster.
For everyone else, borrowing more than 80% LVR usually means paying LMI. First Home Buyers can borrow up to 95% LVR under the Federal First Home Guarantee Scheme, which we're helping many clients with at the moment.
If youβre lucky enough to have a family member go guarantor, you could borrow up to 104% for purchases.