Lenders Mortgage Insurance $($LMI$)$ is a one$-$off, non$-$refundable, non$-$transferrable premium that's

added to your home loan. It's calculated based on the size of your deposit and how much you borrow.

The more you contribute to the purchase price of your property, the lower the cost will be$.$ LMI

protects the borrower against any loss if you are unable to repay your loan

Lenders Mortgage Insurance $($LMI$)$ is a one$-$off, refundable, transferrable premium that's added to

your home loan. It's calculated based on the size of your deposit and how much you borrow. The

more you contribute to the purchase price of your property, the lower the cost will be$.$ LMI protects the

borrower against any loss a property owner may incur if they are unable to sell their house

Lenders Mortgage Insurance $($LMI$)$ is a one$-$off, non$-$refundable, non$-$transferrable premium that's

added to your home loan. It's calculated based on the size of your deposit and how much you borrow.

The more you contribute to the purchase price of your property, the lower the cost will be$.$ LMI

protects the lender against any loss they may incur if you are unable to repay your loanChoose the correct definition of Lenders Mortgage Insurance