Most lenders will lend up to 95 per cent of the residential property value of an owner-occupied property and 90 per cent of an investment property, provided the borrower meets the income requirements of the lender.

Lender’s mortgage insurance is required where the LVR exceeds 80 per cent. The premium may be added to the loan, provided the total loan amount does not exceed 97 per cent of the value of the residential property.