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In Australia, we’ve seen house prices rise* at a record rate over the past 12 months. This is great news for Aussies who own their own home or have an investment property, but it’s making things a lot harder for first-time buyers looking to get into the property market.

If you’re a first home buyer and you don’t know how you’re going to save hundreds of thousands of dollars for a deposit with housing prices so high, paying Lenders Mortgage Insurance might be an option for you to consider. And who better to tell you everything you need to know about Lenders Mortgage Insurance than one of our Mobile Lending Managers, Susan Walters, who has 17 years of experience in home lending.

Susan is answering our most frequently asked questions about Lenders Mortgage Insurance, including what it is, what it’s for, how much it costs, how it can affect your home loan and much more.