top of page

Trusted and Transparent

Underwriting and Compliance: The Foundation of Financial Security

trusted & transparent
trusted partnerships

Trusted Partnerships

Supported by Leading Underwriters You Can Rely On

  • The BMI insurance policy is unique, and a proprietary model developed by the principals of BMI after years of research into the challenges of housing affordability in the Australian market, and further expedited in the current housing crisis environment and the years of inequity and bias of LMI.

​

  • BMI is the issuer of the BMI mortgage insurance policy and carries all necessary statutory registrations and licences.

​

  • BMI and MHI are structured to be underwritten by APRA- and ASIC-compliant insurers, with underwriting partnerships currently in active development

Built on Reliability

BMI Private Credit (BMI-PC)

  • BMI is not limited to home loans we have identified a burgeoning opportunity in the rapidly growing Private Capital Market.

  • There is no mortgage insurance product that addresses private commercial property loans.

  • With a somewhat different focus this mortgage insurance product is designed to protect investors that participate in commercial private lending.

  • The Private Credit market is estimated to exceed 3 trillion dollars. Its is an unregulated market i.e. doesn’t have government/APRA oversight like banks.

  • Non-Bank Lenders offer various syndicated versions of this mortgage product wherein funds are sourced from high net worth sophisticated investors.

  • The non-bank lenders draw on a network of both commercial developers and private investors offering investors short to medium term higher yield investments.

  • The non- bank lender makes a margin between what is charged to borrowers versus what’s paid to investors.

  • Whilst the market is unregulated there are concerns at the rate of growth and the safety and certainty of investor funds. This is particularly the case where investors may take funds from their superannuation fund to invest in these unregulated investments.

  • We see opportunity offering non-bank lenders and their investor clients a mortgage insurance product from 50% to 100% of a loan.

  • The insurance premium cost is funded by the borrower as part of the terms and conditions of this Private Credit mortgage product.

  • Private Capital investor offerings with our BMI-PC insurance policy attached offers investors a level of protection not currently available.

  • This BMI-PC insurance policy would be a new and premium offering to the Private Credit market.

  • We have not priced risk or underwriting capacity at this eary stage.

built on reliability

Need More Information​?

Get In Touch With BMI

​Whether you’re a lender, insurer, mortgage or finance broker our team is ready to provide a detailed information pack to support a better understanding of the benefits of Borrowers Mortgage Insurance to your customers.

bottom of page