What income level is required to qualify?

Some lenders require gross income of AUD 150,000 or more; self-employed applicants may need additional proof.

Are there discounted home loan rates for legal professionals?

Yes, lenders commonly offer discounted interest rates for eligible legal professionals.

What loan sizes are typically offered?

Loan amounts may go up to AUD 2 million depending on lender eligibility and policy.

How do I apply through Brampton Finance?

Contact Brampton Finance to assess your eligibility, receive quotes, and guide your application through to settlement.

Home Loans for Legal Professionals | LMI Waiver & Exclusive Rates

Q: Can lawyers get LMI waived for up to 90% LVR?

Many lenders allow lawyers, solicitors or barristers meeting eligibility to borrow up to 90 % LVR with LMI waived.

Home Loans for Legal Professionals | Brampton Finance

As a legal professional—practicing as a lawyer, solicitor, or barrister—you may qualify for special home loan benefits, including Lenders Mortgage Insurance (LMI) waivers, competitive interest rates, and higher borrowing limits. At Brampton Finance, we specialise in securing these advantages for legal professionals to make property ownership more accessible and cost-effective.

Why Legal Professionals Often Qualify for LMI Waivers

Low-risk borrower profile: Banks regard legal professionals as stable, low-risk borrowers. RateC
Eligibility for LMI waiver up to 90% LVR: In many cases, lawyers and solicitors with required income levels may access home loans up to 90% of the property value without paying LMI.
Access to discounted interest rates: Some lenders offer preferential rates to legal professionals.

Eligibility Criteria & Loan Highlights

Who Qualifies?

Lawyers, Solicitors, Barristers — especially those holding current practising certificates
Income thresholds (varies by lender, e.g. ≥ AUD 150,000 gross; self-employed need proof)
Australian citizens or permanent residents, depending on lender criteria

Loan Benefits

Borrow up to 90% LVR with LMI waived in many cases
Reduced or waived fees for high-income legal professionals
Loan limits may vary, depending on lender (e.g. up to AUD 2 million in some offers)
If you’re a partner at one of Australia’s leading law or accounting firms, you may be eligible for streamlined approval and enhanced lending terms.

How Brampton Finance Helps You Secure the Best Deal

Expert assessment of eligibility for LMI waiver & special loan terms
Comparison across banks & lenders to find lowest rates + best terms
Support in documentation & application — practising certificates, income proofs
Guidance throughout settlement, ensuring clarity and speed

Frequently Asked Questions (FAQ)

Q: Can lawyers get LMI waived for up to 90% LVR?
A: Yes — many lenders allow lawyers, solicitors or barristers meeting eligibility (e.g. income thresholds) to borrow up to 90% LVR with LMI waived.

Q: What income level is required?
A: Some lenders require gross income ≥ AUD 150,000 for automatic eligibility; self-employed applicants may need additional documentation.

Q: Are there discounted rates available?
A: Often yes — lenders may offer discounted rates specifically for legal professionals, especially when combined with LMI waiver.

Q: What loan size can I access?
A: Loan amounts vary by lender. Some offers for legal professionals allow loans up to AUD 2 million.

Q: How do I get started?
A: Reach out to Brampton Finance. We'll assess your eligibility, arrange quotes, and guide your application seamlessly.