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Get the LMI waived and special interest rates with our award-winning brokers

Australian mortgage awards Australian brokerage of the year winning seal 2019 Australian mortgage awards brokerage of the year winning seal 2019 The Adviser Australian broking awards office of the year-non-franchise with more than 5 brokers winning seal 2019 The Adviser Australian broking awards customer service of the year office winning seal 2016 The Adviser Australian broking awards NSW Best customer service office winning seal 2016 Better business awards NSW best customer service-office winning seal 2015

How much do you save on LMI?

Usually, if you need to borrow more than 80% of the property value, then you will have to pay a fee called Lenders Mortgage Insurance (LMI).

As an accountant, you don’t have to pay LMI which saves you over $24,000 if you’re borrowing 90% for a million-dollar property!

You get this special deal since you’re a low-risk borrower.

We recently got LMI waived and a great discount for a client who was a Chartered Accountant. His income was $140,000 p.a.

Previously, he would not qualify since his income did not meet the $150,000 p.a. threshold.

Since there is no minimum income requirement, he saved $26,928 in LMI fees and even got a 1.72% discount on the interest rate.


How to get approved?

  • There is no minimum income requirement.
  • Your occupation must be on the lender’s list of acceptable professionals.
  • Your industry membership is recognized – even globally recognized membership is accepted.
  • You are not borrowing more than $2.7 million.

Previously, a minimum income of up to $150,000 p.a. was required. Now, you can qualify for waived LMI since the minimum income threshold is gone.

We are experts in helping accountants finance their dream home or invest in property.


Which occupations are eligible for LMI waiver?

  • Accountant
  • Actuary
  • Auditor
  • Chief Financial Officer
  • Director
  • Finance Director
  • Finance Manager
  • Financial Controller
  • Partner

Minor variations are acceptable. For example, job titles with “Tax Accountant” or “Internal Auditor” will be accepted.

You have to give evidence of your degree or industry membership. (e.g. CPA Australia).

Is your occupation not on the list? Talk to our experts to see if you qualify.

How can we help you get approved?

1
Complete our free assessment form or call us.
2
We assess your situation.
3
We look at all the options from our panel of lenders.
4
We will find you the most suitable deals.

We are experts at finding the right home loan for accountants and save you thousands in LMI fees.

We’ve settled over $2 billion home loans.

Testimonial from a happy client of Home Loan Experts

gal Thanks to Home loan experts, I realised that it was possible to in fact increase my existing borrowings up to 90% LVR for being a CPA on $150k+ income without having to pay an arm and a leg in LMI and am grateful that Daniel and Julika were able to make the process as painless as possible! Thanks guys! – R.M, Melbourne