RatesniffersRATESNIFFERS
LoginSign up

Victoria owner-occupier home loans at 90% LVR, June 2026

Products that accept 90% LVR (10% deposit) in VIC, ranked sharpest-first by comparison rate. LMI required · most second-tier lenders price-aggressive here.

Rates updated |1,298 products|85+ Australian lenders
Advertisement
Filters1
Editor's Pick · Ratesniffers Editorial Team

Top Home Loan Rates in June 2026

Top picks for owner-occupier home loans at 90% LVR in Victoria — same 85+-lender panel, ranked sharpest-first.

Type
Lender & product
Rate p.a.
Comp. rate p.a.*
Max LVR
Variable rate
Virgin MoneyVirgin Money Lite Home Loan
5.84%
5.86%
90%
Fixed rate
ME Bank - ME GoME Bank CompleteME Home Loan
5.89%
5.94%
90%
Interest only
Virgin MoneyVirgin Money Lite Home Loan
5.84%
5.86%
90%
Unloan logoOnline
Unloan Home Loan
Owner-occupierVariableP&IRedrawExtra repayments
Interest
5.89%p.a.
Comparison*
—
Monthly repayment
$2,962
LVR 80–90%
More details
ME Bank - ME Go logoOnline
ME Bank EconoME Home Loan
Owner-occupierVariableP&IRedrawExtra repayments$3,000 cashback
Cashback eligibility
  • Min loan $700,000
  • Max LVR 80%
  • Aggregate split refi loans to meet $700k minimum (same customer, same submission)
  • Mixed refi + purchase apps eligible — one $3k per application
  • Excludes BOQ Group refis + recipients of BOQ refi cashback in last 12 months
  • Offer ends 28 Aug 2026 · lender T&Cs
Interest
5.89%p.a.
Comparison*
5.94%p.a.
Monthly repayment
$2,962
LVR 80–90%
More details
MyState Bank logo
Fixed Rate Loan
Owner-occupier2y FixedP&IExtra repayments
Interest
6.09%p.a.
Comparison*
6.12%p.a.
Monthly repayment
$3,027
LVR 81–90%
More details
Bank of us logo
TOPLINE HOME LOAN
Owner-occupierVariableP&IOffsetRedrawExtra repayments
Interest
6.24%p.a.
Comparison*
6.26%p.a.
Monthly repayment
$3,075
LVR 80–90%
More details
Firefighters Mutual Bank
Your Way Home Loan
Owner-occupierVariableP&IRedrawExtra repayments
Interest
6.34%p.a.
36d ago
Comparison*
6.40%p.a.
Monthly repayment
$3,108
LVR 80–90%
More details
Health Professionals Bank
Your Way Home Loan
Owner-occupierVariableP&IRedrawExtra repayments
Interest
6.34%p.a.
36d ago
Comparison*
6.40%p.a.
Monthly repayment
$3,108
LVR 80–90%
More details
QBANK logo
Classic Home Loan
Owner-occupierVariableP&IRedrawExtra repayments
Interest
6.24%p.a.
Comparison*
6.52%p.a.
Monthly repayment
$3,075
LVR 80–90%
More details
IMB Bank logo
Budget Home Loan
Owner-occupierVariableP&IRedrawExtra repayments$4,000 cashback
Interest
6.64%p.a.
Comparison*
6.70%p.a.
Monthly repayment
$3,207
LVR 81–90%
More details
*Important Information and Comparison Rate Warning

This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is based on a loan of $150,000 over a term of 25 years.

The information provided on this site is general in nature and does not take into account your objectives, financial situation or needs. Before acting on any information, consider whether it is appropriate for you and read the relevant Credit Guide and lender disclosures.

90% LVR in VIC

What changes at 90% LVR (10% deposit) in Victoria

At 90% LVR (10% deposit) Lenders Mortgage Insurance is required by every lender on the panel (except the small set with genuine LMI-waiver programs — typically for professionals, FHBs in Government Guarantee, or specific second-tier banks). For owner-occupiers in VIC, the LMI premium on a $500K loan at 90% LVR typically runs $7,000–$11,000 added to the loan balance. Some second-tier banks price more aggressively at 90% than at 80% because their CRM team chases this LTV bracket.

See also our LMI calculator, borrowing-power calculator, and Victoria owner-occupier home loans for the full panel at any LVR. Verified April 2026.

Federal scheme · Available nationwide

Home Guarantee Scheme — 5% deposit, no LMI

Buy a home with as little as a 5% deposit without paying Lenders Mortgage Insurance — the federal government guarantees the rest. Since 1 October 2025 the scheme has unlimited places, no income caps, and significantly higher property caps. The property must be your principal place of residence (no investors).

First Home Guarantee
5% deposit, no LMI
Regional FHB Guarantee
5% deposit, regional only
Family Home Guarantee
2% deposit, single parents

Source: housingaustralia.gov.au · Verified April 2026

Your state — pick to see grants & concessions
State schemes · Victoria

First home buyer benefits in Victoria

First Home Owner Grant (FHOG)
$10,000— Buying or building a new home valued ≤ $750,000 (newly constructed or never-occupied).
Stamp duty concession
Full exemption on homes ≤ $600,000; concessional rates from $600,000 to $750,000.
Home Guarantee Scheme property cap
Maximum property price for the federal 5%-deposit scheme in Victoria: $950,000 (Melbourne + Geelong) / $650,000 (rest of VIC).
Source: State Revenue Office Victoria · Verified April 2026. Grant amounts and property caps change — confirm with the linked source before applying.
Want help stacking these schemes for your scenario? Talk to a broker →