ANZ LMI Waivers – Save on Lenders Mortgage Insurance (LMI) for Home Loans
ANZ offers LMI waivers for eligible professionals, allowing them to secure home loans with up to 95% LVR while avoiding costly lenders mortgage insurance.
Eligible Industries and LVR Limits
| Industry | Maximum LVR | Examples of Eligible Professionals |
|---|---|---|
| Accounting | 90% | Accountants, Analysts, Actuaries |
| Legal | 90% | Solicitors, Barristers, Judges, Magistrates, Partners |
| Medical | 90 - 95% | Doctors, Dentists, Optometrists, Physiotherapists, Chiropractors |
| Veterinary | 90% | Veterinarians, Specialists, Surgeons |
Accounting Professionals – Up to 90% LVR with No LMI
Accounting professionals, including accountants, analysts, and actuaries, qualify for ANZ's LMI waiver program if they hold a professional membership with Chartered Accountants Australia & New Zealand (CA), Certified Practising Accountant (CPA), Chartered Financial Analyst Institute (CFA), or Fellowship of the Institute of Actuaries of Australia (FIAA).
- Borrow up to 90% LVR with no LMI
- Maximum loan amount: $4.5 million
- Maximum property value: $5 million for houses/townhouses, $4 million for units/apartments
- Must have a current practicing certificate
- Must have an equal or majority share in the property
Legal Professionals – Up to 90% LVR with No LMI
ANZ offers mortgage loans with no LMI for eligible legal professionals, including solicitors, barristers, magistrates, and judges.
- Borrow up to 90% LVR with no LMI
- Maximum loan amount: $4.5 million
- Maximum property value: $5 million for houses/townhouses, $4 million for units/apartments
- Must be registered with the appropriate legal accreditation body
- Must have an equal or majority share in the property
Medical Professionals – Up to 95% LVR with No LMI
ANZ provides no LMI home loan options for a select group of medical professionals, split into two categories:
Doctors, Specialists, and Dentists
- Borrow up to 95% LVR with no LMI
- Maximum loan amount: $4.75 million
- Maximum property value: $5 million for houses/townhouses, $4 million for units/apartments
- Must be employed in Australia and registered with AHPRA
- Must have an equal or majority share in the property
Optometrists, Physiotherapists, and Chiropractors
- Borrow up to 90% LVR with no LMI
- Maximum loan amount: $4.5 million
- Maximum property value: $5 million for houses/townhouses, $4 million for units/apartments
- Must be employed in Australia and registered with AHPRA
- Must have an equal or majority share in the property
Veterinary Professionals – Up to 90% LVR with No LMI
Veterinarians and veterinary specialists can take advantage of ANZ’s no LMI home loan options.
- Borrow up to 90% LVR with no LMI
- Maximum loan amount: $4.5 million
- Maximum property value: $5 million for houses/townhouses, $4 million for units/apartments
- Must be registered with the relevant veterinary board
- Must have an equal or majority share in the property
Disclaimer: The opinions expressed in this article are strictly for general informational and entertainment purposes only and should not be taken as financial advice or recommendations. While every effort is made to ensure the listed offers are accurate, we make no guarantee regarding their accuracy, completeness, or availability.