Lenders are hungry to balance their investment/owner occupied loan books and none more so than Westpac. As such they are rolling out no LMI 85% LVR for all owner occupied properties. The loan will be assessed as per LMI conditions but Westpac will pay for the LMI. The property must settle by the 30th September 2015. Interesting to see if any lenders with high investment loan books will follow.