Talk to My Money Sorted, we can help you find the perfect mortgage.

Interested in buying your own home but not sure if you will have enough for a deposit? Lenders Mortgage Insurance could help you secure your home sooner without making as big of an up-front financial investment.

• Reach preservation age and retire
• Stop an employment arrangement at 60+ years old
• Transition to retirement through an investment strategy after reaching preservation age
• Turn 65 years old regardless of whether you stay in the workforce

The home loan deposit is one of the first costs that you would have to plan and save for, as it can affect several other expenses that you would encounter while navigating the property market. For example, homebuyers may have to cover lenders’ mortgage insurance (LMI) if their deposit amount doesn’t quite reach a certain number or percentage of the property price.