As an auditor, you qualify for home loan benefits most borrowers cannot access: waived Lenders Mortgage Insurance (LMI) at up to 90% LVR, discounted interest rates through professional banking divisions, and loan amounts up to $7.5 million. On a single purchase, this can save you $15,000 to $45,000+. Some lenders have no minimum income requirement, while others require $100,000 to $120,000. Your professional membership with CA ANZ, CPA Australia, CFA Institute, FIAA, or IPA is the key that unlocks these benefits.
We specialise in auditor home loans. We know which lenders accept IPA members (not all do), which impose no income threshold, which offer the waiver for investment properties, and which exclude interest-only repayments or trust structures. Whether you work in external audit at a Big 4 firm, internal audit at a corporate, forensic audit, or government audit, we compare 35+ lenders so you get the best deal for your situation, not whatever one bank offers.
First home buyers can combine the LMI waiver with the NSW stamp duty concession (nil on properties up to $800,000 and a concessional rate between $800,000 and $1,000,000) for $25,000+ in combined savings. If you already own property, we help you use equity to invest or refinance to a lower rate with waived LMI. Buying, investing, or refinancing, our service costs you $0. Use our repayment calculator or equity calculator to start planning your numbers.
Find out how much you save with an auditor home loan
We verify your professional membership eligibility, calculate your borrowing power across 35+ lenders, and show you exactly how much you save on LMI and interest. Buying, investing, or refinancing, $0 cost.
Get my free home loan assessmentLenders Mortgage Insurance is one of the biggest upfront costs when buying with less than 20% deposit. As an auditor, it is waived entirely. Here is what a regular borrower would pay, and what you save:
| Property Value | LVR | Loan Amount | Estimated LMI (non-auditor) | Auditor Saves |
|---|---|---|---|---|
| $750,000 | 90% | $675,000 | ~$16,800 | ~$16,800 |
| $1,000,000 | 90% | $900,000 | ~$22,400 | ~$22,400 |
| $1,500,000 | 90% | $1,350,000 | ~$33,600 | ~$33,600 |
| $2,000,000 | 90% | $1,800,000 | ~$44,800 | ~$44,800 |
Estimates only. Actual LMI costs vary by lender, insurer, state, and borrower profile. 90% LVR is available with most major lenders for auditors. Assumes standard residential property, owner-occupied, principal and interest repayments. Use our property deposit calculator for your exact numbers, or book a free consultation for your personalised LMI saving.
A mortgage for auditors requires a broker who understands professional lending policies, membership verification, and the income structures unique to audit careers:
Not all lenders offer auditor home loans, and those that do have very different policies. Some waive LMI up to 90% LVR, others cap at 85%. Some accept IPA membership, others only CA ANZ and CPA. Some impose no income threshold while others require $100,000 to $120,000 from the eligible profession. Maximum loan amounts range from $2 million per security to $5 million, with aggregate exposure limits from $4 million to $7.5 million. Some exclude interest-only, some restrict trust and company structures, and some will not lend in certain postcodes. You get every relevant lender compared against your membership type, income structure, and goals.
LMI is one of the biggest upfront costs when buying with less than 20% deposit. A regular borrower purchasing a $1,000,000 property at 90% LVR would pay approximately $22,400 in LMI. At $1,500,000, the cost rises to approximately $33,600. With an auditor home loan, LMI is waived entirely at up to 90% LVR with most major lenders. If you previously paid LMI before knowing about auditor home loans, you can refinance with waived LMI and never pay it again. Use our property deposit calculator for your exact numbers. Read our LMI guide for more detail.
Accounting income is varied: PAYG salary, partnership profit shares, trust distributions, director fees, dividends, or a combination. Some lenders require your primary income to come from the accounting profession. Others need at least $100,000 or $120,000 gross from an eligible role. Self-employed or practice owner auditors may need two years of tax returns, but some lenders assess on a single year if you have been self-employed for at least one full financial year. Choosing a lender that treats partnership distributions and profit shares favourably can increase your borrowing power by $100,000 to $300,000.
Major lenders operate professional or industry specialist banking divisions with pricing, LVR limits, and income policies not available through branches or online. Your application goes directly to the professional banking division with membership verification and documentation prepared to their requirements. Faster turnaround, better rates, fewer delays. Some lenders offer auditors the same rate at 90% LVR that other borrowers only receive at 80% LVR. We also compare cashback offers of $2,000 to $10,000 when switching lenders.
The lender pays the commission when your loan settles. You pay the same rate whether you go direct or through a broker. A mortgage broker is legally bound by the Best Interests Duty to recommend what is best for you, not the lender. Learn about our team.
Your income changes as you progress from graduate auditor to senior to manager to partner or head of internal audit. As income grows and equity improves, better rates and higher exposure limits become available. You receive annual rate reviews and proactive contact when a better deal comes up. We also help you release equity to fund your next investment property as your portfolio grows.
Auditors and finance professionals with recognised membership may qualify for exclusive home loan benefits. Eligibility varies by lender and professional body:
Recognised professional bodies include: Chartered Accountants Australia and New Zealand (CA ANZ) and Global Accounting Alliance members, CPA Australia and recognised partnering bodies, Chartered Financial Analyst Institute (CFA), Fellows of the Institute of Actuaries of Australia (FIAA), and the Institute of Public Accountants (IPA). Not all lenders accept all bodies. IPA members are accepted at some lenders but not others. ACCA (Association of Chartered Certified Accountants) members are explicitly excluded at certain lenders. If your membership or role is not listed, contact us and we will confirm your eligibility immediately.
Not all lenders assess audit income the same way. Approaching the wrong lender can mean a declined application or reduced borrowing power:
Accepted by all lenders. Two recent payslips from your current employer are required. If you have recently changed firms, some lenders require you to have passed probation while others accept income from your first payslip. Auditors employed at Big 4, mid-tier, or boutique audit firms on a fixed salary have the most straightforward assessment. Some lenders also count annual bonuses and overtime at a discounted rate.
Audit partners at firms typically receive profit distributions, not a salary. Lenders assess this differently. Some use the average of two years of distributions. Others accept the most recent year. The profit share needs clear documentation: partnership agreements, distribution statements, and tax returns. Partners at designated firms may access higher aggregate exposure limits of up to $7.5 million with some lenders. Choosing the right lender can mean the difference between approval and decline when income fluctuates between financial years.
If your practice income flows through a company or trust, the way income reaches you needs clear documentation: drawings, director fees, trust distributions, or a combination. Two years of tax returns and business financials are generally required. Some lenders only accept individual borrowers under the LMI waiver. Companies, trusts, and guarantor entities are explicitly excluded at certain lenders. Others have no such restriction and allow the waiver where the eligible auditor is a borrower, director, owner, or guarantor regardless of the ownership structure. Our self-employed home loan guide covers the full range of verification options.
Auditors who contract to firms or corporates through an ABN are typically assessed as self-employed. Most lenders require two years of tax returns. Some accept a shorter history with invoices, BAS, and evidence of consistent billings. Some lenders accept an ABN as little as 6 months old if you have prior PAYG history in the same profession. If you contract to one firm exclusively, some lenders may treat this as quasi-PAYG with a letter from the firm confirming the arrangement.
Many auditors earn from multiple sources: a PAYG role at one firm plus consulting income, or an internal audit salary plus advisory work on the side. Some lenders only assess the primary income stream and ignore secondary income. Others combine both but apply different serviceability rules to each. Some require that the majority of income comes from the accounting profession to qualify for the LMI waiver. You get matched with the lender that maximises borrowing power by accepting all your income streams together.
Auditors at large firms often receive annual bonuses, particularly at senior and manager levels. Some lenders count bonuses at 80% of the two-year average. Others use 100% of the most recent year. If your bonus is significant (common for audit managers and directors at Big 4 firms), the right lender can add $50,000 to $200,000 to your borrowing power. If a lender requires $100,000 or $120,000 minimum income, bonuses may count toward meeting that threshold.
Our founder spent 8+ years inside one of Australia's major banks approving and declining loans. That experience means your application is built to get approved at the highest possible amount:
Most brokers submit and wait. Your application is checked against the lender's credit criteria before it goes in, so issues are resolved upfront. If your job title varies from the standard list (for example, "IT Audit Lead" or "Risk Assurance Manager"), we confirm eligibility with the lender's professional banking team before submission. Complex income from partnership distributions and trust structures is presented in the format credit assessors expect. Less back-and-forth, faster approval.
Each lender calculates borrowing power differently. By testing your situation across every lender, we find the one that treats your partnership distributions most favourably, applies the smallest assessment rate buffer on your existing fixed rate loan, and counts rental income at 80% instead of 70%. The difference between lenders can mean $200,000 to $400,000 in borrowing power on the same income. We also check for debt-to-income (DTI) restrictions that could reduce your maximum LVR.
Major lenders have specialised professional or industry lending teams with pricing, LVR limits, and income policies not available through branches. Your application goes directly to the professional banking division with membership verification and documentation prepared to their requirements. Faster turnaround, better rates, fewer delays. Partners at designated firms (large accounting and advisory firms) may access higher exposure limits through these divisions.
Simple changes can dramatically increase how much you borrow. Credit cards reduce borrowing power by $30,000 to $50,000 per $10,000 limit, even if paid off monthly. HECS repayments, buy now pay later accounts, and school fees also count against you. These are identified during your initial assessment so you know what to fix before the application goes in. For many auditors, cancelling unused credit cards alone adds $100,000+ to borrowing power.
Auditors spend busy season working long hours and cannot take calls from banks during the day. Consultations are available Monday to Friday 9am to 9pm and weekends 9am to 6pm. All paperwork is handled, the lender chased, your solicitor coordinated with, the valuation arranged, and you kept updated through to settlement. After settlement, regular check-ins keep your rate competitive.
Ali Hasani spent 8+ years as a Senior Mobile Lending Specialist at one of Australia's big four banks, where professional home loan policies for auditors and finance professionals are developed and administered. He holds a Diploma of Finance and Mortgage Broking Management and a Post Graduate Certificate in Accounting. MFAA accredited with a perfect settlement record. Learn more about our team.
Use our auditor home loan calculator tools to estimate your borrowing capacity, maximum purchase price, and repayments. Your auditor mortgage calculator results will differ from standard calculators because auditor loans allow higher LVR without LMI:
Enter your savings. See your maximum purchase price.
Our property deposit calculator works as an auditor borrowing capacity calculator. It shows your maximum purchase price at 80% and 90% LVR with stamp duty included. As an auditor with waived LMI, your 90% result is achievable without the LMI cost other borrowers pay on top.
LMI waiver eligibility, maximum LVR, and lender policies differ by professional membership and role type:
Chartered Accountants registered with CA ANZ qualify at all lenders offering the auditor LMI waiver. This is the most widely accepted membership. Members of the Global Accounting Alliance (including ICAEW, AICPA, ICAS, and other international bodies) are also accepted at some lenders through reciprocal recognition. You must be a fully qualified member. Associate and provisional members who have not completed all requirements are not eligible at most lenders. Evidence required: current membership certificate, invoice and proof of payment, or a printout from the professional body confirming current membership.
Read about LVR and how it affects your rateCPA members qualify at all major lenders offering the auditor waiver. Recognised partnering bodies of CPA Australia (such as the Institute of Singapore Chartered Accountants and the Malaysian Institute of Accountants) may also be accepted at some lenders. You must hold full CPA status. Provisional CPA members are excluded. Some lenders require you to be currently practising in the profession, meaning your job title or role must match your qualification.
Read our full No LMI home loan guideInstitute of Public Accountants membership is accepted at some lenders but not others. If you hold IPA membership rather than CA or CPA, lender selection is critical to ensure you access the waiver. IPA members who also hold a recognised degree may qualify through an alternative pathway at certain lenders. We identify which lenders accept IPA and match you accordingly.
Read our first home buyer guideChartered Financial Analysts (CFA Institute members) and Fellows of the Institute of Actuaries of Australia (FIAA) qualify at most lenders offering the auditor and finance professional waiver. CFA charterholders must hold the full charter, not be a CFA candidate. FIAA requires fellowship status. These qualifications place you in the same eligibility tier as CA and CPA members at most lenders.
Read our LMI guideACCA (Association of Chartered Certified Accountants) members are explicitly excluded at some lenders. If your primary qualification is ACCA, you may need to convert to an Australian-recognised membership such as CPA or CA ANZ to access the waiver. Overseas qualifications from bodies in the Global Accounting Alliance are accepted at lenders that recognise reciprocal memberships. If you trained overseas, we check which lenders accept your specific qualification before recommending one.
Explore all pathways to home ownershipAudit students, bookkeepers without professional membership, associate or provisional members who have not completed all requirements, and ACCA members at certain lenders. Auditors with lapsed membership or those no longer practising in the profession may also be excluded. If you do not meet the income threshold at lenders that require one, you may still qualify at a lender with no income requirement. If you do not qualify for the auditor waiver at all, we can still help you find the best standard home loan through our panel of 35+ lenders.
Read about deposit optionsYour strategy should match your career stage, income, and goals:
An auditor home loan lets you purchase with 10% deposit and no LMI. If your property is under $800,000, you also pay zero stamp duty as a first home buyer in NSW. Between $800,000 and $1,000,000, a concessional rate applies. The key challenge for early-career auditors is income: some lenders require $100,000 to $120,000 from the profession. If you earn below these thresholds, we match you with a lender that has no minimum income requirement.
Example scenario
Priya, senior auditor at a Big 4 firm, earning $98,000 plus $8,000 bonus. She has $75,000 in savings and wants to buy a $750,000 apartment in Sydney. At 90% LVR, her loan is $675,000. She needs $75,000 deposit plus approximately $2,500 in legal costs. As a first home buyer under $800,000 in NSW, she pays zero stamp duty. As an auditor, she pays zero LMI. A regular borrower at the same LVR would pay approximately $16,800 in LMI. Priya's total upfront cost: approximately $77,500. A non-auditor at the same LVR: approximately $94,300. Priya saves ~$16,800. Because her base income is under $100,000, we place her with a lender that has no income threshold.
Your built-up equity can fund the deposit on your next home. You can keep your first property as an investment. Your auditor LMI waiver applies to the new purchase as well. The key is choosing the right lender: one that counts your bonuses favourably, applies the smallest assessment rate buffer on your existing fixed rate loan, and treats all your income streams together.
Example scenario
Tom, audit manager earning $155,000 plus $20,000 bonus. He owns a $700,000 apartment with $280,000 equity and wants to buy a $1,100,000 family home. He keeps the apartment as an investment. At 90% LVR on the new home, his loan is $990,000. He pays zero LMI, saving approximately $24,600. He pays stamp duty of approximately $46,100. The LMI saving offsets more than half his stamp duty. The right lender counts his bonus at 80%, adding $16,000 to assessed income and approximately $80,000 to borrowing power.
Auditor LMI waivers can apply to investment properties with some lenders, typically up to 90% LVR. Not all lenders extend the waiver to investment properties. Each investment loan is structured separately to maximise negative gearing deductions, avoid cross-collateralisation, and diversify across lenders. Partners at designated firms may access aggregate exposure limits of up to $7.5 million.
Example scenario
Michael, partner at an advisory firm earning $320,000 in distributions. He owns a $1.8M home and two investment properties. He originally paid LMI on all three before knowing about the auditor waiver. By refinancing all three loans with waived LMI to a lower rate with cashback ($4,000 per property), he saves $15,000+ per year in interest and receives $12,000 in cashback across the three loans. As a partner at a designated firm, his aggregate exposure limit is $7.5 million, giving him room to grow the portfolio further.
Many auditors transition from external audit at a firm to an internal audit role at a corporate, bank, or insurer. Your LMI waiver eligibility carries over as long as your professional membership remains current and your role is recognised as eligible. Internal audit roles at corporates often come with higher base salaries and more predictable income, which can improve borrowing power. If you have recently changed roles, some lenders require you to have passed probation. We identify lenders that accept income from your first payslip in the new role.
Read our self-employed home loan guideIf you originally paid LMI, refinancing as an auditor lets you switch without paying LMI again, even if your LVR is above 80%. Combined with a lower rate and potential cashback ($2,000 to $10,000), refinancing can save thousands per year. For partners with a portfolio, refinancing all loans can save $20,000+ per year in interest while accessing cashback on each property.
Read our refinance guideMany auditors want to live near the CBD for client proximity but cannot afford to buy there yet. Rentvesting lets you rent close to work while buying an investment property in a growth area. With select lenders, your LMI waiver applies to the investment property at up to 90% LVR. You claim tax deductions on the investment loan interest and build wealth through capital growth and rental income.
Explore pathways to ownership"Ali has a wealth of knowledge and experience. Was kind and patient with all of my questions and helped me refinance my home loan and investment loans. Highly recommend!"
"Ali is our trusted advisor for a long time. He has given us excellent service on loans and structured our loans in the right way. He is always available and quick to respond. Highly recommend his services!"
"I had a wonderful experience with Ali. He made the process very straightforward and easy to understand for a first home buyer. I will be recommending my friends use him."
Your professional membership is verified, your income structure assessed, borrowing power calculated across 35+ lenders, and the lender with the highest LVR and waived LMI for your audit role identified. Stamp duty concessions and other benefits are checked.
Your best options are presented with clear comparisons of LMI waiver LVR limits, interest rates, comparison rates, fees, offset features, and maximum loan amounts. You see which lender assesses your audit income most favourably. Read our choosing the right finance guide.
The application is handled, membership verification submitted, valuation arranged, and settlement coordinated. Your auditor home loan settles with no LMI. Ongoing support and annual rate reviews follow.
Educate yourself on LMI, government schemes, loan structures, and property strategies:
Real answers to the questions auditors ask us every day:
A home loan with special benefits for qualified audit and finance professionals. The main benefit is waived LMI when borrowing above 80% of the property value, typically up to 90% LVR. You may also receive discounted interest rates, higher maximum loan amounts, and more favourable income assessment. These benefits exist because lenders consider auditors low-risk borrowers with stable income and very low default rates.
Auditors have very low default rates and strong job security with consistent demand across Australia. Income potential grows as you progress from graduate to manager to partner. Lenders also value the long-term banking relationship because auditors, particularly at the partner level, often hold savings, credit cards, practice banking, and business finance with the same institution.
With an auditor home loan, you can purchase with 10% deposit and no LMI at most major lenders. On a $1,000,000 property, that means $100,000 instead of $200,000. Use our property deposit calculator to see your maximum purchase price based on your savings.
You must hold current membership with one of the recognised professional bodies: CA ANZ (Chartered Accountants Australia and New Zealand), CPA Australia, CFA Institute, FIAA (Fellows of the Institute of Actuaries of Australia), or IPA (Institute of Public Accountants). Not all lenders accept all bodies. IPA is accepted at some lenders but not others. ACCA members are explicitly excluded at certain lenders. You must be a fully qualified member, not a provisional or associate member.
It varies by lender. Some lenders have no minimum income requirement at all, relying solely on your professional membership. Others require $100,000 gross per annum from the eligible profession (per applicant). Others require $120,000 gross taxable income, which can combine multiple qualifying professionals on the same application. Some require your primary income to come from the accounting profession but have no dollar threshold. Lender selection matters if you earn below $120,000.
Varies by lender. Per-security limits range from $2 million to $5 million. Aggregate exposure limits (total lending across all properties) range from $4 million to $7.5 million. Partners at designated firms (such as Big 4 and major advisory firms) may access the highest aggregate limits. Some lenders have tiered limits where the maximum per security drops at higher LVR. Your actual borrowing capacity depends on income, debts, and serviceability.
Yes. Some lenders extend the LMI waiver to investment property purchases at up to 90% LVR, the same as owner-occupied. Others restrict investment to lower LVR or do not offer the waiver for investment at all. The loan is structured with separate splits for tax-deductible investment debt.
Yes. Self-employed auditors can access waived LMI provided they meet professional membership and income verification criteria. Most lenders require 2 years of tax returns. Some accept 1 year, BAS, or an accountant's letter. Select lenders offer a single-year tax return concession if you have been self-employed for at least one full financial year.
No. Auditor home loans typically offer the same or better rates. Many lenders offer rate discounts specifically for accounting and finance professionals through their professional banking divisions. Some lenders include fee waivers on package products (saving $300 to $400 per year) and discounts off both variable and fixed rates.
Yes. You can refinance to a new lender with waived LMI, even if your current LVR is above 80%. This is valuable if you originally paid LMI before knowing about auditor home loans.
Personal ID (passport or licence plus citizenship or residency proof), current professional membership certificate or proof of payment (dated within last 12 months), proof of income (2 recent payslips for PAYG, or 2 years of tax returns for self-employed), bank statements showing savings, and details of existing loans. Partners and practice owners may need partnership agreements, distribution statements, and business financials. A complete checklist is provided specific to your situation.
Yes. Joint applications with an eligible auditor can access the LMI waiver. Most lenders require the auditor to hold at least equal or majority ownership share on title and be a borrower on the loan. The non-auditor spouse's income also counts toward borrowing power. At lenders with an income threshold, income from multiple qualifying professionals on the same application can be combined to meet it.
Yes. Some lenders impose a debt-to-income (DTI) cap on the LMI waiver. If your total debts (including the new loan, existing loans, HECS, and credit card limits) relative to your gross income exceed the threshold, typically a DTI of 6, your maximum LVR may drop. Cancelling unused credit cards and paying down existing debts can improve your DTI and unlock the full LVR available under the waiver.
It depends on the lender. Some require principal and interest (P&I) repayments only under the LMI waiver. Others allow interest-only on investment properties or interest-only converting to P&I after a fixed period. Some lenders allow interest-only at 90% LVR for investment but cap owner-occupied interest-only at 80% LVR. If interest-only is part of your strategy, this is a key factor in lender selection.
Some lenders extend the LMI waiver to fixed-price construction contracts. Others explicitly exclude construction loans and vacant land from the waiver. If building is part of your plan, we identify which lenders cover construction under the waiver.
It depends on the lender. Some only accept individual borrowers under the LMI waiver. Companies, trusts, and guarantor entities are explicitly excluded. Others allow the waiver where the eligible auditor is a director, owner, or guarantor regardless of the ownership structure. If you use a trust or company for asset protection, lender selection is critical.
Yes, at some lenders. The LMI waiver may not be available for properties in postcodes classified as high risk, typically regional towns, mining towns, or areas with volatile property markets. Most lenders apply the waiver without restriction for standard metropolitan properties.
Yes. Lenders include school fees as a committed expense in their serviceability assessment. Private school fees of $20,000 to $40,000 per child per year can reduce borrowing power significantly. Some lenders treat school fees more conservatively than others. If you have children at private school, we identify lenders that minimise the impact.
Yes. The auditor LMI waiver is from the lender; stamp duty concessions are from the NSW government. They are completely separate. On a $750,000 first home purchase, you pay zero stamp duty and zero LMI, saving potentially $25,000+ in combined upfront costs.
Auditors with straightforward PAYG income and current professional membership can be pre-approved within hours to a few days. Complex applications (partnership income, trust structures) may take longer. Pre-approval is valid for approximately 90 days. Some lenders process applications in 1 to 2 business days, others take up to 12 business days for company or trust structures.
A bank can only offer its own product. A broker compares 35+ lenders. Different lenders accept different professional bodies, have different income thresholds ($0 versus $100,000 versus $120,000), different maximum loan amounts, different interest-only availability, different postcode restrictions, and different trust and company rules. If you go to a branch, they may not offer you the professional banking rate. The service costs $0.
$0. The lender pays the commission when your loan settles. You pay the same rate whether you go direct or through a broker. Meet our team.
At some lenders, yes. IPA (Institute of Public Accountants) membership is accepted at several major lenders but not all. If you hold IPA membership, lender selection is critical. We identify which lenders accept IPA and ensure you access the best deal available for your membership type.
All standard features: fixed rate and variable rate options, 100% offset accounts, redraw facilities, split loans, interest-only repayments (where available under the waiver), and line of credit. Some lenders waive annual package fees for finance professionals. The LMI waiver does not limit your feature access.
Depends on income, debts, expenses, and lender. Auditors may borrow more than other borrowers at the same income due to career stability and professional standing. Each lender calculates differently, so using a broker across 35+ lenders maximises borrowing power. Use our mortgage repayment calculator to estimate repayments.
Significantly. Lenders assess card limits as fully drawn. A $10,000 limit reduces borrowing by approximately $30,000 to $50,000. Multiple cards can reduce capacity by $100,000+. Credit cards also increase your debt-to-income ratio, which may affect your LVR under the LMI waiver. Cancelling unused cards before applying is one of the simplest ways to boost your borrowing power.
Yes. HECS does not prevent approval but reduces borrowing power. Lenders count the compulsory repayment (1% to 10% of income) as a committed expense. Some lenders treat HECS more favourably than others.
Yes. Lenders check for active BNPL accounts (Afterpay, Zip, Humm). These count as liabilities and reduce borrowing power. Some lenders view BNPL negatively. Close any BNPL accounts before applying.
The LMI waiver is assessed at application time. Once your loan settles with waived LMI, you do not need to remain in auditing. If you refinance later and your professional membership has lapsed, you would not qualify for a new LMI waiver. Your existing loan is unaffected.
Some lenders accept overseas qualifications if your professional body is part of the Global Accounting Alliance or is a recognised partnering body of CPA Australia. Bodies such as ICAEW (UK), AICPA (USA), ICAS (Scotland), and SAICA (South Africa) may be accepted through reciprocal arrangements. If you have converted your overseas accreditation to a local CA or CPA membership, you are fully eligible. We verify which lenders accept your specific qualification.
Some lenders accept temporary visa holders, though terms may differ: lower LVR, higher deposit, or property restrictions. Some temporary visas on the Medium and Long Term Strategic Skills List (MLTSSL) may be accepted. Permanent residents and citizens have the widest lender choice. Contact us to check eligibility for your visa type.
The LMI waiver applies to standard residential property: houses, townhouses, and apartments. Some lenders restrict small apartments (under 50sqm), high-density buildings, or rural properties. Some impose a maximum property value for the waiver to apply. If you have not found a property yet, you can apply as a home seeker and receive conditional approval subject to valuation, valid for 90 days.
Debt recycling converts non-deductible home loan debt into tax-deductible investment debt. You draw equity from your home to invest in an income-producing asset (such as an investment property or shares), then use the returns to pay down your non-deductible home loan faster. For high-income auditors, debt recycling can save significant tax while building wealth. It requires careful loan structuring with separate splits for deductible and non-deductible debt. Speak to your tax advisor and contact us to structure the loans correctly.
Yes. There is no limit on properties, provided each falls within the lender's maximum loan amount and LVR limits and you have sufficient borrowing capacity. Aggregate caps range from $4 million to $7.5 million depending on the lender and your role. Partners at designated firms may access the highest limits. To grow a portfolio, loans are spread across multiple lenders to avoid concentration limits. Each loan is structured separately for tax efficiency.
Yes. All four major banks have professional lending policies that include auditors. However, the best deal is not always with a major bank. Non-bank and second-tier lenders sometimes offer more competitive rates, higher exposure limits, or accept a broader range of professional memberships. All 35+ lenders are compared to find the best overall deal.
Generally the same as or better than standard rates. Many lenders offer professional-only rate discounts through their industry banking divisions, plus fee waivers on package products. Rates change frequently, so we compare the latest fixed and variable offers across 35+ lenders and negotiate the best deal for your situation. Contact us for today's best auditor home loan rates.
Use our mortgage broker status and get cheaper interest rates across all professions:
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