Eligibility
The First Home Buyer <95% LVR + LMI is available to Queensland Police Service (QPS), Queensland Fire and Emergency Services (QFES), Queensland Ambulance Service (QAS), Queensland Corrective Services (QCS) and Queensland Health Employees only.
To be eligible for the above rates, a salary credit of at least $1,500 per month must be deposited into your QBANK transaction account. You must have a minimum deposit of 5% (plus any additional costs). Principal and Interest Only. New lending only.
Product Breakdown
You will have the option to add Lenders Mortgage Insurance (LMI) to your loan amount, rather than paying upfront. (total Loan to Value Ratio (LVR) including LMI not to exceed 100%).
Full pre-approval service valid for three months~