Which medical professionals qualify for a 90% LVR + LMI waiver?

Audiologists, Chiropractors, Midwives, Occupational Therapists, Osteopaths, Physiotherapists, Podiatrists, Psychologists, Radiographers, Registered Nurses, Sonographers, Speech Pathologists, Optometrists, Pharmacists, and Veterinary Practitioners, earning at least AUD 90,000 per annum.

Which professionals qualify for up to 95% LVR + LMI waiver?

Dentists, General Practitioners, Hospital-employed Doctors (e.g. Interns, Residents, Registrars, Staff Specialists), and other Medical Specialists, with no minimum income requirement.

What is the maximum loan amount available under the LMI waiver?

Typically up to AUD 5 million; total lending caps (e.g. AUD 7.5 million) may apply, subject to policy terms.

How can Brampton Finance assist me in obtaining a loan with LMI waiver?

We assess your eligibility, guide documentation and application, compare loan options, and help you apply to secure maximum LMI savings.

Home Loans for Medical Professionals

Home Loans for Medical Professionals — LMI Waivers Up to 90% LVR Available

As a medical professional, you may qualify for Lenders’ Mortgage Insurance (LMI) waiver on home loans up to 90% Loan-to-Value Ratio (LVR) under Westpac’s Medico Policy, subject to meeting income and occupation eligibility. At Brampton Finance, we guide you through qualification, application, and approval so you can secure a strong financing package with confidence.

Who Qualifies for Westpac’s 90% LVR + LMI Waiver?

The following medical occupations are eligible for up to 90% LVR with LMI waived, with a minimum annual income of AUD 90,000 required:

Audiologists
Chiropractors
Midwives
Occupational Therapists
Osteopaths
Physiotherapists
Podiatrists
Psychologists
Radiographers
Registered Nurses
Sonographers
Speech Pathologists
Optometrists
Pharmacists
Veterinary Practitioners

For up to 95% LVR + LMI waiver, the following professions are eligible with no minimum income requirement:

Dentists
General Practitioners
Hospital-employed Doctors (including Interns, Residents, Registrars, Staff Specialists)
Other Medical Specialists

Max loan amount may apply, e.g. up to AUD 5 million. Total lending caps may apply (e.g. up to AUD 7.5 million).

How Brampton Finance Helps Medical Professionals

LMI Waiver Strategy: We assess your eligibility for Westpac’s Medico Policy and guide you to maximise LMI savings.
Loan Comparison: Compare Westpac and other lenders to ensure best loan terms.
Tailored Application Support: We assist with documentation (proof of income, registration), and fast-track approvals where possible.
Expert Advisory: Navigate conditions, caps, and regulatory criteria with our guidance.

Ready to find your best loan package? Tap or call to get started today.

Frequently Asked Questions

Q: What is LMI and why does a waiver matter?
A: Lenders’ Mortgage Insurance (LMI) protects the lender when you borrow a high LVR. Waiving LMI can save thousands on costs. As a medical professional, you may qualify for LMI waivers with Westpac up to 90–95% LVR.

Q: Which medical professionals qualify for a 90% LVR waiver?
A: Professionals such as audiologists, midwives, occupational therapists, nurses, and veterinarians with annual income ≥ AUD 90,000. (Full list above.)

Q: Which medical professionals qualify for a 95% LVR waiver?
A: Dentists, GPs, hospital-employed doctors and medical specialists—no minimum income requirement.

Q: What's the maximum loan amount under the waiver?
A: Typically up to AUD 5 million; in some policies up to AUD 7.5 million aggregated. Terms apply.

Q: What’s the minimum income needed?
A: For the 90% LVR waiver: income ≥ AUD 90,000 pa. For the 95% waiver: no minimum income requirement.

Q: How do I apply through Brampton Finance?
A: Contact us to review your eligibility, prepare required documentation, and submit your application for fast and clear next steps.

Next Steps

Let’s Secure Your Loan with Maximum LMI Savings

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