Waived LMI Home Loans
If you are in an eligible profession or fit a lender's exception policy, you may be able to borrow above 80% LVR without paying Lenders Mortgage Insurance (LMI). That can mean major upfront savings and a faster path into the market.
Approval typically depends on your profession, current registration, income profile, loan size, property type and lender policy. Our brokers identify the right lender combination for your specific situation.
Up to 95%
LVR without LMI
$0
LMI premium payable
80+
Lenders compared
6+
Eligible profession groups
Best for
Medical professionals, accountants, lawyers and other eligible professionals who want to preserve cash while still borrowing at a high LVR. Particularly valuable for early-career professionals with strong income but limited savings.
Eliminate LMI upfront
LMI can cost $15,000–$40,000+ on a typical professional's purchase price. Waiving it keeps that capital in your pocket.
Enter the market sooner
You don't need to wait until you've saved a full 20% deposit. With an LMI waiver, an 85–90% LVR loan is achievable for eligible borrowers.
Preserve cash flow
Early-career professionals often carry HECS debt and have high incomes but relatively little accumulated savings. Waived LMI bridges that gap.
Eligible professions
Medical Practitioners
Doctors, surgeons, anaesthetists, GPs, specialists, typically registered with AHPRA
Dentists & Allied Health
Dentists, pharmacists, physiotherapists, optometrists and other registered practitioners
Lawyers & Barristers
Admitted solicitors, barristers and legal practitioners with current practising certificates
Accountants & CPAs
Chartered Accountants (CA), CPAs and registered tax agents with qualifying income
Senior Corporate Executives
Select lenders extend waived LMI to high-income professionals in qualifying roles
Engineers & Architects
Chartered engineers and registered architects, accepted by select lenders
Lender policies change. Eligibility is confirmed at time of application. Your broker will verify current lender criteria before submission.
How the process works
From eligibility check to settlement, your Secure Finance broker manages every step.
Check your eligibility
We confirm your profession, registration status, income and loan size qualify under current lender policy.
Identify the right lender
Not all lenders offer LMI waivers, and criteria differ. We match you to the lender with the best combination of rate, policy and features.
Prepare your documentation
Proof of professional registration, income evidence and standard loan documents. We tell you exactly what's needed.
Submit & approve
We manage the full application, liaise with the lender and keep you updated through to formal approval.
Settle without the LMI cost
Settlement proceeds without an LMI premium, often saving you tens of thousands of dollars upfront.
Free professional LMI assessment
We confirm your eligibility, identify the right lender and structure your loan to save thousands in LMI, completely free of charge.
- ✓Save $15,000–$40,000+ in LMI premium
- ✓Borrow up to 90–95% LVR without paying LMI
- ✓Matched to the lender that fits your profession
- ✓FBAA-accredited broker guidance throughout
- ✓No obligation, free initial assessment
Waived LMI FAQs
Common questions from professionals exploring LMI waiver options.
Stop paying LMI when you don't have to
If you're in an eligible profession, a waived LMI loan could save you tens of thousands of dollars. Talk to a Secure Finance broker today, it's free and there's no obligation.
Subject to lender credit assessment, profession verification and current lender policy. Secure Finance Services Pty Ltd ACL 465059.