Achieving the dream of home ownership can be one of the most exciting times in your life. It can also be one of the most difficult to accomplish due to the length of time it can take to save the traditional 20 per cent home deposit required by your bank.

Lenders’ Mortgage Insurance (LMI) provides lenders with the security to accept a smaller deposit from you. By reducing the deposit required, you may be able to purchase a home much earlier, or buy a better located or better-quality property, than your deposit would otherwise have allowed.

Frequently asked questions

Get answers to your lenders' mortgage insurance questions.

Home buyers

Hints and tips

Get tips on buying a home and protecting your home and keeping insurance costs down once you are a home owner.


Helpful resources

Links to helpful online resources.

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LMI Hardship Program

Our hardship program

QBE LMI works closely with lenders to help homebuyers retain their homes by supporting a temporary variation to their loan terms during their period of genuine hardship. 

Understanding LMI

Insurance calculator

It’s easy to underestimate the cost of replacing your home and belongings. Our home and contents insurance calculators will help you get the right level of cover.

Insurance calculators

Servicing capacity calculator

This calculator provides an instant self assessment to determine whether an applicant may be eligible for lenders' mortgage insurance.

Security Bond & Deposit Bond Insurance

QBE Deposit Bonds

Deposit Bonds are a great alternative to cash deposits when you’re buying property, whether it’s residential (for you or as an investor) or commercial. They free up your cash until settlement, which can be particularly useful if you’re buying an ‘off the plan’ property that could take years to complete. QBE bonds can be short-term (up to six-months) or long-term (up to five-years). Deposit Bonds are just another way QBE can help make home ownership possible.