Many people who do not have a large enough home loan deposit (their deposit is less than 80% of the property value) use Lenders Mortgage Insurance. This can allow them to purchase the property earlier than they otherwise would have and transition them from renting to owning their own home. It is particularly popular when house prices are rising quickly. For property investors, Lenders Mortgage Insurance allows borrowers to have higher borrowing ratios, giving them the opportunity to maximize negative gearing and tax deductibility benefits.