NAB is waiving the cost of lenders mortgage insurance (LMI) for more Australian professionals, including accountants, lawyers and more medical professionals. Banks usually charge LMI if you don’t have ...

NAB has followed Westpac in announcing today that homeowners can offset their mortgage across up to 10 separate accounts. The two major banks said they had seen an uptick in offset accounts, with ...

NAB has expanded the list of professionals eligible to take out a home loan with a 10 per cent deposit without LMI. · Source: Getty The major bank’s LMI waiver allows certain professionals to take out ...

Westpac calculated that a customer with an offset balance of $10,000 who added a further $100 deposit every month, could save more than $110,000 in interest on a 30-year home loan of $500,000. This ...