First home buyer hub · LMI waivers
Professional & healthcare LMI waivers
Separate from FHBG: some lenders publish 90–95% LVR with reduced or no LMI for defined professions. Never automatic — registration, income floors, owner-occupier use, and loan caps apply.
In a listed profession? You may qualify for reduced or waived LMI — confirm registration, income, and lender lists before you apply.
FHBG vs professional waiver
- FHBG — 5% deposit, no LMI on guaranteed portion. firsthomebuyers.gov.au ↗
- Professional waiver — lender policy (often 90–95% LVR, reduced LMI). Separate income & registration tests.
- You may fit one, both, or neither — model on the hub calculator.
| Profession | Typical LVR | Key tests | Hub |
|---|---|---|---|
| Registered nurses & midwives | Up to ~90–95% on published healthcare lists | AHPRA registration · PAYG or stable agency income · Owner-occupier · Income minimums vary by lender | Open → |
| Doctors, dentists & specialists | Up to ~90–95% by registration tier | AHPRA tier & employment type · Loan amount caps · Owner-occupier · Specialist vs intern bands differ | Open → |
| Accountants (CA / CPA / IPA) | Up to ~90% with current institute membership | Practising certificate / membership · PAYG or partnership income evidence · Owner-occupier | Open → |
| Solicitors & barristers | Up to ~90% where role on lender list | Admission & practising certificate · Employed vs partner income · Owner-occupier | Open → |
| Teachers & educators | FHBG 5% or 10% + LMI more common | Stable PAYG · Genuine savings · FHBG / state duty stack | Open → |
| Trades & self-employed | FHBG, guarantor, or 20% deposit | ABN / BAS / tax returns · Genuine savings · Lender servicing on variable income | Open → |
Registered nurses & midwives
Westpac publishes healthcare LMI material; ANZ professional waiver PDFs have historically excluded “Nurse” — route matters.
Source: Westpac — healthcare professionals ↗
Full registered nurses & midwives pathway →Doctors, dentists & specialists
ANZ, NAB and others publish medico LMI waiver PDFs — tier must match the live list.
Source: NAB — LMI waiver overview ↗
Full doctors, dentists & specialists pathway →Accountants (CA / CPA / IPA)
ANZ accountant waiver PDF tied to recognised bodies — membership must be current at application.
Source: ANZ — accountant waiver PDF ↗
Full accountants (ca / cpa / ipa) pathway →Solicitors & barristers
NAB / ANZ publish professional waiver hubs — firm structure and bonus income need clean evidence.
Source: NAB — LMI waiver ↗
Full solicitors & barristers pathway →Teachers & educators
No major “teacher-only” LMI waiver comparable to healthcare — strength is clean PAYG + deposit path.
Source: FHBG — 5% deposit scheme ↗
Full teachers & educators pathway →Trades & self-employed
Professional waiver tables rarely cover trades — structure and FHBG often beat chasing the wrong label.
Source: FHBG — 5% deposit scheme ↗
Full trades & self-employed pathway →Not sure which pathway fits?
Send your registration, income, and target price — we'll map FHBG, waiver, or deposit paths.
Prefer the phone? 0400 77 77 55 — direct line to Bishnu Adhikari.