No LMI & waived LMI home loan
Whether you're a doctor, dentist, lawyer, accountant, or other professional frustrated by 20% deposit demands, a first home buyer wanting to access the government's 5% scheme, a property owner sitting on home equity, or part of a family willing to guarantee a loan - you share the same goal: avoiding Lenders' Mortgage Insurance costs and accessing homeownership sooner. You shouldn't have to pay $20,000-$50,000 in LMI if there's a path to avoid it. And there is.
Professional borrowers face an especially unfair situation. You've invested years building your career. Your income is stable and strong. Yet lenders demand the same 20% deposit as everyone else - forcing you to save for years while watching LMI costs climb. First home buyers face similar barriers. Property owners with equity can't easily leverage what they've built. Families willing to support each other don't know their options.
Buyvest mortgage brokers specialise in LMI waivers and no-LMI home loan strategies - for professionals, first home buyers, property investors, and families. This guide explains every path to avoiding LMI: professional LMI waivers (up to 95-105%), government 5% deposit schemes, equity-based strategies, and guarantor loans. Say goodbye to LMI costs. Say hello to homeownership that works for YOUR situation.
You qualify for an LMI waiver. Let's prove it.
Get your free LMI waiver home loan assessment from Buyvest. We verify your professional eligibility and show you exactly how much you can borrow - and how much you'll save on LMI.
Free LMI waiver assessmentWhy choose Buyvest mortgage broker for your LMI waiver home loan?
Access to 35+ lenders
Most banks don't offer LMI waivers for professionals - we work with 35+ lenders who do. We know exactly which lenders offer LMI waiver home loans for your profession, and we match you with lenders most likely to approve your no-LMI mortgage.
No cost to you
Lenders pay our commission directly. You pay the same rate for your LMI waiver home loan whether you go to the bank directly or use us - but you get expert guidance at zero extra cost. That's a win-win.
Specialist LMI waiver expertise
Our brokers live and breathe LMI waivers. We understand every professional's lending criteria - medical practitioners, legal professionals, accountants, veterinarians, pharmacists, and banking professionals. We've helped 500+ professionals access LMI waiver home loans.
Professional verification experts
We handle all the red tape. We know exactly how to verify your professional credentials with AHPRA, law societies, accounting bodies, and veterinary boards. Your professional status quickly unlocks LMI waiver eligibility.
Save $20,000-$50,000+ on LMI fees
LMI costs can represent 3-10% of your loan amount. With an LMI waiver home loan, you eliminate this cost entirely. Saving tens of thousands means more money for renovations, holidays, or your family's future.
Your dedicated LMI waiver team
We stay with you from first conversation to settlement and beyond. You're not just a loan number - you're a professional partner. We answer your LMI waiver questions anytime, making the process smooth and stress-free.
Why choose Buyvest mortgage broker for your LMI waiver home loan?
Borrow up to 95% LVR - Medical Professionals
Doctors, dentists, surgeons - you can borrow up to 95% of property value with zero Lenders' Mortgage Insurance. A $600,000 home needs just $30,000 down. No LMI costs. No mortgage insurance premiums eating into your budget. That's real savings and faster homeownership.
Borrow up to 90% LVR - Legal & Accounting Professionals
Lawyers, solicitors, accountants, and CFOs access up to 90% LVR no-LMI mortgages. Your professional credentials matter. You're recognized as lower risk. That translates to LMI waivers and better terms. Buy your home sooner without the LMI burden.
Competitive rates (not higher rates)
Myth: LMI waivers mean paying premium interest rates. False. We negotiate competitive rates across 35+ lenders. Professional status often qualifies you for better rates than standard borrowers. LMI waiver = zero LMI AND competitive rates. That's a double win.
Zero LMI fees - Save $15,000-$50,000
Most importantly - you pay ZERO Lenders' Mortgage Insurance. Not a dollar. Not a cent. For a $500,000 loan, standard LMI costs $20,000-$40,000. With an LMI waiver, you pocket that money. That's renovations. That's a holiday. That's your future.
Works with your employment structure
Employed full-time? Self-employed? Running a medical practice? In partnership with other lawyers? Your employment structure doesn't matter. Your professional status matters. We have LMI waiver options that fit YOUR life, not the other way around.
Your dedicated LMI waiver partner
You're not just a loan application. You're a professional partner. From verifying your credentials to comparing 35+ lenders to final settlement - we're with you. No jargon. No confusion. Just expert guidance from brokers who genuinely care about your success.
Medical professionals qualify for 95% LMI waiver home loans
If you're a doctor, dentist, surgeon, or medical specialist registered on the Australia Health Practitioner Regulation Agency (AHPRA) website, you qualify for an LMI waiver home loan up to 95% of property value. That means borrowing $570,000 on a $600,000 property with just $30,000 down. Zero LMI. Zero mortgage insurance. This is lenders' way of saying: "We recognise your professional expertise and income stability. You deserve a better deal."
- Anaesthetist
- Cardiothoracic Surgeon
- Cardiologist
- Clinical Pharmacologist
- Cosmetic Surgeon
- Dentist
- Dermatologist
- Ear, Nose and Throat Surgeon
- Emergency Surgeon
- Endocrinologist
- Gastrointestinal Surgeon
- Gastroenterologist
- General Practitioner
- General Surgeon
- Gynaecologist
- Haematologist
- Hepatologist
- Immunologist
- Nephrologist
- Neurosurgeon
- Neurologist
- Obstetrician
- Oncologist
- Ophthalmologist
- Optometrist
- Oral and Maxillofacial Surgeon
- Orthopaedic Consultant
- Orthodontist
- Otolaryngologist
- Paediatric Surgeon
- Pathologist
- Plastic Surgeon
- Podiatrist
- Psychiatrist
- Radiologist
- Reconstructive Surgeon
- Respiratory or Thoracic Surgeon
- Rheumatologist
- Surgeon
- Urologist
- Vascular Surgeon
Pharmacists and veterinarians qualify for 95% LMI waiver home loans
If you're a pharmacist or veterinarian registered in Australia, you access the same LMI waiver benefits as medical professionals - up to 95% LVR with zero LMI. Your professional credentials and income stability unlock these significant mortgage savings. Read how below.
Pharmacist
Registered pharmacists qualify for an LMI waiver home loan up to 95%. Your professional registration with relevant pharmacy boards unlocks LMI waiver eligibility for your mortgage.
Veterinarian
Registered veterinarians on your state or territory veterinary board can access LMI waiver home loans up to 95%. Your professional status qualifies you for this LMI waiver home loan.
Accountants, auditors & finance professionals qualify for 90% LMI waiver home loans
Accountants, actuaries, auditors, financial controllers, CFOs, and finance directors registered with recognized accounting bodies can access LMI waiver home loans up to 90% of property value. On a $600,000 property, that means borrowing $540,000 with just $60,000 down. Zero LMI. Your professional credentials matter to lenders - and they reward you for it.
- Accountant
- Actuary
- Auditor
- Chief Financial Officer
- Director
- Finance Director
- Finance Manager
- Financial Controller
- Partner
Professional Registration Required: Current membership of Chartered Accountants Australia and New Zealand, CPA Australia, Chartered Financial Analyst Institute Australia, or Fellowship of the Institute of Actuaries of Australia. Your LMI waiver home loan approval depends on verified professional registration.
Lawyers, solicitors & barristers qualify for LMI waiver home loans
If you're a lawyer, solicitor, barrister, or partner registered to practice in Australia, you qualify for LMI waiver home loans. Judges and magistrates with current commissions also qualify. Your legal expertise and income stability unlock zero-LMI mortgage finance that other borrowers can only dream about.
- Lawyer
- Solicitor
- Barrister
- Partner
- Judge
- Magistrate
Registration Required: Current Practicing Certificate issued in Australia. Judges and magistrates provide a copy of their current commission or letter of appointment. Your LMI waiver home loan depends on verified legal registration.
Banking professionals can access LMI waiver home loans
If you work directly for a bank or financial institution and have been employed for at least 6 months (ideally 12-24 months) by settlement, you qualify for LMI waiver home loan eligibility. Your employment stability and insider banking knowledge position you as a lower-risk borrower - and lenders reward that with zero-LMI mortgage options.
Banking Professional Requirements
- ✓Direct employment with current employer required
- ✓6-24 months employment tenure by settlement
- ✓Stable employment history
- ✓Your LMI waiver home loan approved once requirements verified
Don't qualify for professional LMI waivers? We have solutions
If you don't fall into the professional categories above, don't worry. We have multiple strategies to help you avoid or dramatically minimise LMI costs. Here are your realistic no-LMI and low-LMI options.
Guarantor loans - Borrow up to 105% LVR
Use a family guarantor to access up to 105% LVR with LMI waiver. A parent or relative's property equity secures your loan - meaning zero LMI for you. It's like having a professional safety net. Perfect for families who want to help each other buy property.
5% deposit scheme - Government-backed no-LMI option
First home buyers: The government's 5% deposit scheme lets you buy up to $1,500,000 with just 5% down. Zero LMI. Zero mortgage insurance. This is genuinely one of the best no-LMI home loan options in Australia right now.
Use your existing property equity
Own a home already? Draw equity to cover your new property's deposit. You avoid LMI entirely while leveraging what you've already built. This is a genuine wealth-building strategy - not a gimmick.
85-90% lending with LMI waivers (specialist lenders)
Some specialty lenders offer 85-90% LVR with LMI waivers (rates may be slightly higher). If you can find these options, you dodge LMI while still borrowing significantly. Not everyone qualifies, but it's worth exploring.
Use our LMI waiver home loan calculators
Understand your LMI waiver borrowing capacity and LMI savings
Get your LMI waiver home loan approved - our 3-step process
The LMI waiver application process is straightforward and stress-free when you work with Buyvest. No surprises. No hidden steps. Just a clear path to LMI waiver approval and your dream home. Here's exactly how it works.
Call or meet with Buyvest. You tell us your profession, employment situation, and home goals. We listen. We understand. Then we verify your credentials with AHPRA, law societies, or accounting bodies to confirm your LMI waiver eligibility. Simple as that.
We search our panel of 35+ lenders to find which ones offer LMI waivers for YOUR specific profession. We compare rates, terms, and features. We explain your options in plain English - no jargon, no confusion. You choose the best option for your situation.
We submit your LMI waiver application and manage the approval process. We coordinate with lenders, solicitors, and valuers. We answer your questions anytime. When you're approved, we guide you smoothly to settlement. You get your keys. We celebrate with you.
Documents you'll need for your LMI waiver home loan application
Here's what to gather. Most items you already have. We guide you through collecting anything you don't have. Nothing surprising. Nothing hidden. Just honest transparency about what lenders want to see.
Personal identification
Australian passport or driver's license. We keep all your LMI waiver home loan documentation secure and confidential.
Professional registration
Evidence of your professional registration - AHPRA verification, law society certificate, accounting body membership, or bank employment letter. This confirms your LMI waiver eligibility.
Proof of income
Recent payslips, tax returns, or business statements. Income proof supports your LMI waiver home loan application and borrowing capacity assessment.
Financial statements
Bank statements (3-6 months) showing genuine savings. Financial statements demonstrate your LMI waiver home loan repayment capacity.
Existing debt information
Mortgage, credit card, and loan statements. Lenders assess total debt for your LMI waiver home loan approval and borrowing capacity.
Employment verification
Letter from your employer confirming employment status and income. Employment verification strengthens your LMI waiver home loan application.
Buyvest LMI waiver home loan brokers - Sydney and across Australia
Whether you're a doctor in Chatswood, a lawyer in CBD, or an accountant in regional NSW - Buyvest helps professionals nationwide access LMI waiver home loans. Our brokers cover Sydney suburbs and regional areas across NSW. And if you're outside our immediate service area? We still help. Call us. Let's talk about your LMI waiver mortgage options.
Ryde area suburbs
Greater Sydney regions
Regional NSW
Australia wide
Buyvest LMI waiver home loan brokers also assist professionals across Australia. Contact Buyvest to discuss your LMI waiver home loan and how our brokers can help you save on mortgage costs.
Your LMI waiver home loan is waiting
You've worked hard. You've built your career. You deserve a mortgage that recognises your professional credentials. Our expert brokers are ready to help you access LMI waiver home loans and save tens of thousands on LMI costs. Let's make homeownership happen for you - sooner rather than later.
Free LMI waiver assessment