Home loans in Kenmore.

An educator-household family buying a detached home on a large block in the Kenmore SHS catchment. Indicative purchase price $1,400,000 with a 20% deposit, owner-occupier. Figures are illustrative only and subject to confirmation of income, valuation, and lender policy at the time of submission.

Lender shortlist: Best of panel: a major bank with a professional LMI waiver plus a second-tier lender

At 80% LVR on a $1.4M detached home, no LMI applies, so the file is about matching the borrower's profession and income to the right package — not about assuming a waiver applies. Kenmore's base skews educator, academic and health-sector, and it is worth being precise here: professional LMI waivers are occupation-specific and do not extend to teachers, university staff or general hospital employees as a class. They sit with eligible medical and select professional occupations — commonly medical practitioners and dentists, with certain legal and accounting professionals — so a household in this catchment only benefits if their specific role is on a given lender's list. The practical step is to have a broker map your exact occupation and income to a lender that offers a waiver for it; where none applies, the 20% deposit modelled here already clears the LMI threshold on its own. Indicative repayment of about $6,787 per month assumes a 6.1% variable P&I rate over 30 years on the $1.12M loan. A major bank with a clean detached-house policy typically leads; a second-tier lender competes on package pricing for the larger-block upgrader. Stamp duty is shown at the QLD owner-occupier rate; LMI is nil at this LVR.

Indicative only. General information — not personal credit advice. The repayment above is illustrative — derived from an assumed, example-only rate (stated in the notes above), not an advertised rate, a comparison rate, or a quote. Final pricing, lender appetite and serviceability are confirmed in writing on the file.