Our broker only a few months ago said all banks were stipulating min entry was 5 % deposit exclusive of LMI. This mean all LMI had to be then saved again on top off the deposit and footed by me as the buyer. It wasn't that long ago LMI was being capped in to make loans 95-97 % LVR in this case. Has anyone see this going on again lately or did it never even stop and my broker is too lazy to do work on it? I've seen LMI discounts lately too. I'm not sure if Scomos LMI bribe is oversubscribed but Id be figuring with unemployment at 15 % there wouldn't be too many takers anyway.