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Branch closure - Sydney, New South Wales only. Following the NSW Government’s announcement of stay-at-home restrictions, we've decided to temporarily close our Sydney CBD branch between Monday 28 June to Friday 27 August. We’ve made this decision to limit the potential risks to our customers and staff and to support the efforts to limit the spread of COVID-19 in the areas under stay-at-home restrictions. While the branch is closed, we’ll be able to help you over the phone on 132 888 Monday to Friday 8am-8pm and Saturday 9am – 2pm AEST. Thanks for your continued support during this difficult time. Please take care of yourself and others during this period. View details

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How do I know if I’ll need to pay Lenders Mortgage Insurance (LMI) if I switch my home loan to Bank Australia?

If your loan to value ratio is higher than 80 percent you will need to pay Lenders Mortgage Insurance when you move your loan to Bank Australia.

At your first meeting with your Bank Australia lender, they will do a cost-benefit analysis of you moving your home loan across to make sure it is in your best interests.