Question 1

Do lawyers really get LMI waived?

Accepted Answer

Yes, many major and specialist lenders offer LMI waivers for qualified lawyers including solicitors, barristers, and in-house counsel. This can save you $10,000-$40,000+ depending on your loan amount.

Question 2

Which legal professionals qualify?

Accepted Answer

Typically: admitted solicitors, barristers, in-house counsel, and sometimes legal graduates with confirmed positions. Each lender has slightly different eligibility criteria.

Question 3

How is partnership income assessed?

Accepted Answer

Partnership income can be complex. We work with lenders who understand equity partner distributions, salaried partner arrangements, and profit-sharing structures to maximise your borrowing capacity.

Question 4

Can I get a lawyer home loan as a graduate?

Accepted Answer

Yes, some lenders will offer LMI waivers and favourable terms for law graduates who have been admitted to practice or have a confirmed position at a law firm.

Question 5

What about barristers with variable income?

Accepted Answer

Barristers often have variable income which can be challenging for standard lenders. We work with lenders who understand barrister fee structures and can assess income over multiple years.

Home Loans For Lawyers

Benefits for Legal Professionals

LMI Waivers for Lawyers

Up to 90% LVR Without LMI

Partnership Income Accepted

Graduate & Associate Friendly

HECS Treated Favourably

Bonus & Commission Income

Frequently Asked Questions

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