Waived LMI
Lender policy that removes LMI at high LVRs for qualifying professions.
What is Waived LMI?
Waived LMI is a lender policy that removes the LMI requirement at high LVRs (usually up to 90%, sometimes 95%) for qualifying professions. Common categories: medical (doctors, dentists, veterinary), allied health (physios, pharmacists, psychologists), legal (lawyers, barristers), and accounting (CPAs, CAs).
Why it matters for you
On a $1M purchase at 90% LVR, waived LMI saves $15K–$25K. On a $1.5M purchase at 90%, savings reach $30K–$45K. Under our medico policy, AHPRA-registered medical and allied health professionals access this benefit — alongside HECS exclusion and future income acceptance.