No lenders mortgage insurance up to 90% loan to value ratios – 90% LVR No LMI for professionals


Looking for high LVR investment loans?

High Loan to Value Ratio investment loans are still available. Find out more about high LVR investment property loans here:

The 90% LVR no LMI deal is available for certain professions like:

Medical doctors and some medical specialists 

  • General Practitioners – GP
  • Hospital Employed Doctors – Intern, Resident, Registrar, Staff Specialist, Medical Specialists
  • Dentists
  • Veterinary Practitioners
  • Optometrists
  • Pharmacists
  • Doctors on 457 Visa​













Law professionals 

  • Lawyers
  • Barristers
  • Solicitors

Energy, Mining and Resources professionals 

  • Engineers
  • Surveyors
  • Mine surveyors
  • Quantity surveyors
  • Geologists
  • Geophysicists


What are the conditions of the no Lenders Mortgage Insurance up to 90% Loan to Value Ratio (no LMI  up to 90% LVR) deal?

You must be working in certain professions that have a low risk of mortgage defaults. There can also be minimum income requirements.

What is Lenders mortgage insurance (LMI)?

Lenders Mortgage Insurance is insurance for the lender that covers them in the case that you default on the loan and they cannot recover their costs from selling your property. Lenders Mortgage Insurance does not cover you as a borrower it cover the lender. In fact the mortgage insurer may pursue you to recover costs the event that the lender makes a claim as a result of defaulting on the loan.

What are the advantages of a no lenders mortgage insurance up to 90% loan to value ratio (no LMI 90% LVR) deal?

Most lenders charge Lenders Mortgage Insurance (LMI) on loans greater than 80% loan to value ratio (LVR). With this deal you will not need to pay Lenders Mortgage Insurance (LMI) for LVR up to 90%. Avoiding paying lenders mortgage insurance (LMI) can save you thousands of dollars. For example on a $450,000 loan for a property valued at $500,000 (90% LVR) the LMI would cost about $8,000 to $9,000 or more.

Often people look for the best interest rate. However, saving on the cost of lenders mortgage insurance can save much more than a small difference in interest rate.

Who may benefit from a no LMI up to 90% LVR deal?

This no LMI up to 90% LVR loan deal may be a good option for people in certain professions who want to get into the housing market earlier or purchase investment property at higher loan to value ratios. This is particularly important when house prices are rising quicker than wages.

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