LMI Waivers professionals - Prestige Lending Group

LMI Waivers

Specialised Home Loan Options

LMI Waivers for Eligible Professionals

Your profession could help you purchase or refinance a property with a smaller deposit, without paying thousands in Lenders Mortgage Insurance.

Eligible accountants, medical professionals, lawyers and selected employees across banking, technology and federal government departments may have access to specialised lending options.

Could Your Profession Help You Avoid LMI?

Lenders Mortgage Insurance is commonly charged when a borrower has a deposit of less than 20% of the property’s value. However, some lenders offer LMI waivers to selected professionals based on their qualifications, employment, registration and overall financial position. Depending on the lender and your eligibility, you may be able to borrow close to 90% of the property value without paying LMI. That could mean entering the property market sooner, retaining more of your savings or avoiding a significant additional borrowing expense.

Accountants

Eligible CA, CPA, CFA and FIAA professionals may qualify for specialised lending with an LMI waiver.

Medical Professionals

A wide range of registered medical professionals – including doctors, dentists, pharmacists, optometrists and veterinarians – may be eligible.

Lawyers

Australian-registered lawyers, solicitors, barristers and eligible partners may qualify for professional lending benefits.

Banking Professionals

Eligible PAYG employees working directly for selected Australian banks may qualify, subject to employment and service requirements.

Technology Professionals

Eligible PAYG employees working directly for selected technology companies may have access to LMI waiver options.

Federal Government Employees

Eligible federal government employees in selected departments and employment bands may qualify for an LMI waiver.

Save on LMI

Potentially avoid an expense that could otherwise cost thousands of dollars.

Purchase With a Smaller Deposit

Eligible applicants may be able to borrow close to 90% of the property value.

Keep More of Your Savings

Retain funds for purchasing costs, renovations, investments or other financial priorities.

Personalised Lending Support

Get help comparing suitable options across Prestige Lending Group’s panel of lenders.

Not Sure Whether Your Profession Qualifies?

Professional LMI waiver policies can vary between lenders. Your eligibility may depend on your:

Profession or job title
Professional registration or membership
Employer
Employment status and length of service
Income and financial commitments
Loan amount and purpose
Property type and location
Credit history

Jeevan can assess your situation and explain which lending options may be available.

Your Profession May Open the Door to a Smarter Home Loan

Before using a larger deposit or paying Lenders Mortgage Insurance, speak with Jeevan to find out whether you may qualify for a professional LMI waiver.

Helping Australians achieve financial freedom - whether you’re buying your first home, refinancing, or expanding your property portfolio.

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Livandre Pty Ltd trading as Prestige Lending Group ABN 41 687 805 456 (Corporate Credit Representative No. 570 372) is authorised under Australian Credit License No. 517 192