In Australia, lenders mortgage insurance is typically required when borrowing above 80 percent of a property’s value. However, some lenders offer LMI waivers or discounts for certain professions.
These commonly include
Each lender has its own policy. Some may allow borrowing up to 90 percent without LMI, while others cap it at 85 percent or apply income thresholds. Most require proof of qualifications or industry registration.
It is important to understand that not all professionals automatically qualify, and borrowing limits still depend on your income, expenses and overall financial position.
Even with an LMI waiver, how your loan is set up matters. Choosing the right lender, product features and structure can impact your cash flow and future borrowing capacity.
LMI waiver policies are not always clearly advertised and vary significantly between lenders.
We help you
We assess your profession and income to see where LMI may be reduced or avoided.
Each lender applies different rules. We help you find options that align with your situation.
We structure your loan with future flexibility in mind.
