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. See what the premium would otherwise cost.
- 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 →How a broker helps on LMI pathways
- Confirm whether your registration type appears on current lender waiver lists.
- Model FHBG versus waiver versus a higher deposit — funds to complete, not premium alone.
- Package income, LVR and credit evidence under responsible lending before you lodge.
Outcomes are never guaranteed. Scheme rules and lender lists change — confirm on firsthomebuyers.gov.au and with the lender.
Who you are dealing with
First-home LMI pathway comparisons are handled by Bishnu Adhikari at Azure Home Loans — scheme versus lender-policy framing, not a guaranteed waiver.
- Broker
- Bishnu Adhikari
- Licensing
- ACR 538895, auth. under ACL 390261 (Yellow Brick Road)
- ABN
- 77 676 207 131
How a file usually moves
Step 1
Enquiry
Share goals, income type, and timeline — no obligation to apply.
Step 2
Document plan
We map what lenders usually need for your file shape before you lodge.
Step 3
Lender match
Policy-led comparison across lenders — trade-offs in plain English, not a rate race.
Step 4
Lodge when ready
You decide whether to apply. Responsible lending assessment still applies.
Responsible lending
Credit assistance is subject to assessment, verification, and lender policy. We do not guarantee approval, savings, eligibility for any scheme, or a “best rate”. General information on this site is not personal credit advice — about the broker · apply pathway.
FAQ
What is a professional LMI waiver?
Is an LMI waiver the same as the First Home Guarantee?
Does being a nurse or doctor guarantee a waiver?
Where should I start?
Call 0400 77 77 55·WhatsApp·Enquire
← Back to first home buyer hub · LMI help guide · LMI calculator
Not sure which pathway fits?
Send your registration, income, and target price — we'll map FHBG, waiver, or deposit paths. General information only.
Prefer the phone? 0400 77 77 55 — direct line to Bishnu Adhikari.