LMI waivers
Borrow up to 90% of the property value without paying LMI, with eligible lenders.
FOR ACCOUNTING PROFESSIONALS
Home loans for accountants.
You know the numbers.
We know the lender policies.
Some lenders offer CPA, CA and IPA members LMI waivers up to 90% LVR, plus pricing discounts and flexible income assessment. We compare those policies across our lender panel and structure your application to fit, whether you’re employed, a partner or self-employed. Personal guidance from Ausfirst Lending Group, based in Caloundra.
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CPA, CA or IPA member?You may skip LMI at 90%.
LMIwaivers up
to 90% LVR.
to 90% LVR.
40+Lenders on our panel
30+ yearsRichard’s broking experience
$0Broker fee for home loans
Local careQueensland-wide
WHAT ACCOUNTANTS MAY ACCESS
Professional benefits,
if you know where to look.
Lenders see qualified accountants as lower-risk borrowers, with steady careers, strong incomes and financial literacy. Some reward that with policies most borrowers can’t access.
Pricing and offers
Rate discounts, annual fee rebates or cashback, depending on the lender and product.
Flexible income
Salary, bonuses, partnership drawings and self-employed income, assessed to lender policy.
Your spouse is the accountant? Some lenders extend accountant policies to joint applications.
Start with a free chatHOW TO QUALIFY
LMI waiver eligibility
for accountants.
LMI usually applies above 80% LVR. Eligible accountants may avoid it up to 90%, depending on the lender’s criteria.
Qualification
Hold a CPA, CA or IPA qualification.
Current membership
Be currently registered with a recognised accounting body.
Income requirements
Some lenders set a minimum income; others don’t.
Loan limits
Waivers often have a maximum loan size, which varies by lender.
AN EXAMPLE
A $1.95M purchase at 90%
| What you compare | Standard loan | With waiver |
|---|---|---|
| Deposit | $195,000 | $195,000 |
| LVR | 90% | 90% |
| LMI | Usually payable | Waived if eligible |
| Eligibility | Standard | Qualification and lender limits |
Waiver policies, loan limits and eligibility vary by lender and can change.
Check my eligibilityKNOW YOUR NUMBERS
Keep more of
your capital.
Buying with a 10% deposit instead of 20%, without LMI, leaves more cash for your next investment, an offset account or a buffer.
We check which lenders’ waivers you qualify for and whether their loan limits fit your purchase.
- Your qualification and membership
- The lender’s waiver LVR
- Maximum loan size under the waiver
- Stamp duty and buying costs
YOUR WAIVER, AT A GLANCE
How much could you keep?
$200k$4m
Capital kept vs a 20% deposit$195,000
Deposit needed with waiver$195,000
Your savingsCovered, $55,000 spare
Illustration only, not a borrowing assessment. Excludes stamp duty and buying costs. Eligibility, waiver LVRs and loan limits vary by lender.
Check my actual optionsWHO MAY QUALIFY
Accounting roles
lenders may accept.
Eligibility usually depends on your qualification and membership, not just your job title. Not all accountants will qualify, and policies vary.
COMMON SPECIALISATIONS
Across the profession.
Assurance, tax, financial, management, forensic, public and government accounting, internal audit, insolvency, corporate finance and treasury, commercial finance and risk assessment.
Not listed? Speak with us, as you may still be eligible.
However you’re paid
PAYG salary, casual income (often after six months), bonuses and allowances, and self-employed income, usually with one to two years of returns.
Two-part structures
A few lenders may lend up to 90% with a waiver, plus a second loan for costs, often at a higher rate. These are uncommon and have strict criteria.
Lender policies on accountant waivers, income and high-LVR lending vary and can change.
Let’s check your eligibility. We’ll match your qualification and income to lenders whose policies fit.
Check my next stepsCLIENT SCENARIOS
How accountants
use their benefits.
Three examples of how accountants have used lender policies to reach their goals. Every situation is different.
Emma, management accountant
Newly CA-qualified, Emma wanted her first investment property without spending all her savings.
- GoalKeep liquidity
- Approach90% LVR, LMI waived
- ResultMore capital kept
A smaller deposit left more savings for her next purchase.
Tony, CFO
Tony’s bank wouldn’t match rates offered to new customers across his investment properties.
- GoalLower interest
- ApproachPortfolio refinance
- ResultLower rates, cashback
Improved cash flow supported his broader investment strategy.
Nick, senior accountant
Nick and his partner’s bank approval fell short for the family home they wanted.
- GoalHigher pre-approval
- ApproachRestructured application
- ResultTarget pre-approval
Reducing card limits, updating bonus income and changing lenders closed the gap.
Scenarios are illustrative. Outcomes depend on your circumstances and lender assessment.
DOCUMENTS TO PREPARE
Get your paperwork
ready early.
Preparing these in advance helps your application move quickly.
Identification
Passport or driver’s licence, plus secondary documents if needed.
Proof of income
Two recent payslips, or one to two years of tax returns if self-employed.
Membership proof
Evidence of your current CPA, CA or IPA membership.
Statements
Bank statements, and current loan statements if refinancing.
LOAN FEATURES
Features that suit
your strategy.
Depending on the lender and product, you can combine these to match your plans.
Fixed, variable or split
Balance repayment certainty with flexibility.
Offset accounts
Reduce interest while keeping funds accessible.
Redraw
Withdraw extra repayments when you need them.
Interest-only
Lower repayments for a set term, often for investments.
Not an accountant? See which other professions may qualify for LMI waivers.
Explore LMI waived loansFROM FIRST CHAT TO SETTLEMENT
Six steps.
One broker beside you.
Let us handle the comparison work while you focus on your priorities.
UNDERSTAND
Talk through your goals
By phone, Zoom or in person. Your plans, income and qualification.
GATHER
Collect your documents
Income, membership proof and statements.
ANALYSE & PLAN
Compare professional policies
Waivers, loan limits, pricing and offers across our panel.
APPLY
Structure your application
We present your income and qualification to fit lender policy.
FINALISE
Manage settlement
We coordinate settlement and keep you informed.
SUPPORT
Review over time
We review your rate and options as your career and goals change.
Richard LukeFounder · Ausfirst Lending Group
WHAT MAKES AUSFIRST DIFFERENT
Your numbers are personal.
Your broker should be, too.
You’re looked after by someone who treats your financial success as his own.
When you choose Ausfirst, you deal directly with Richard, the founder, who brings over 30 years of lending experience across Queensland.
He understands accountants’ financial profiles, whether you’re employed, self-employed, a partner in a firm or managing several income streams, and tailors your application to lender policy.
Direct access to RichardComplex income welcome2024 Sunshine Coast Business Awards finalist
Talk to a broker
More about RichardWHAT OUR CLIENTS SAY
Good people.
Great support.
ExcellentBased on 35 Google reviews
Google review
“I would describe Richard and Ausfirst Lending as friendly, insightful, prompt and diligent. A pleasure to deal with.”
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“Debbie made the process of buying a new house frictionless, by providing excellent support throughout”
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“I received very prompt responses to all of my questions and the team ensured that my application was processed in a timely manner. The service was brilliant!”
Excerpts from client reviews displayed on Ausfirst’s website. These reflect individual experiences.
LET’S CLEAR THINGS UP
Loans for accountants.
Real questions.
The questions accountants ask us most. Every situation is different, so we’re happy to talk through the detail.
Ask a questionCan accountants get an LMI waiver?
Some lenders waive LMI up to 90% LVR for CPA, CA or IPA members. Income minimums and loan limits vary by lender.
My spouse is an accountant. Could I still qualify?
Possibly. Some lenders extend accountant policies to joint applicants when one borrower qualifies. Eligibility depends on the lender.
Can I borrow 100% of the property value?
In limited cases. A few lenders may combine a 90% loan with a waiver and a second loan for costs, often at a higher rate. It’s uncommon and has strict criteria.
Do I need to be a member of an accounting body?
For most waiver policies, yes. Lenders usually want current CPA, CA or IPA membership, not just an accounting degree.
Can you help with complex income?
Yes. We work with partners, contractors, self-employed accountants and those with bonuses or several income streams, matching each to lender policy.
How quickly can I explore my options?
As soon as you’re ready to share your details. We can usually outline your options shortly after reviewing your documents.
LET’S EXPLORE WHAT’S POSSIBLE
Put your qualification
to work.
Whether you’re buying your first home, refinancing or planning your next investment, we’ll show you which professional loan options may be available to you.
LMI waiver eligibility checked
Professional pricing compared
Direct access to Richard
Visit us in Caloundra
Suite 3/74 Bulcock St, Caloundra QLD 4551
Monday–Friday, 9 am–5 pm
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