As a result of your elite standing as a legal professional, you are eligible to receive specific benefits and exemptions when obtaining finance, being seen as low-risk clients in the eyes of most lenders.
Are you eligible for an LMI waiver?
LMI waivers for up to 90%is only offered by some lenders which have two main requirements in order to be eligible.
The income requirement is $150,000 either as a single or combined income (excluding superannuation).
A current practising certificate.
Want to borrow more than 90% nil LMI?
If you're interested in borrowing more than 90% without Lenders Mortgage Insurance, check out the criteria for our 100% product.