26/08/2026
# # # 🩺 Medical Professionals: You May Not Need to Pay LMI
Are you a **medical professional** looking to purchase a home?
With **40+ eligible medical professions** potentially able to access professional LMI waivers through selected lenders, you may be able to buy with a smaller deposit while avoiding the cost of Lenders Mortgage Insurance.
Potential benefits may include:
🏡 **Buy with a smaller deposit**
💰 **Avoid LMI**, potentially saving thousands
📈 **Access a higher LVR** than normally available without LMI
💵 **Keep more of your savings** for stamp duty, legal fees, renovations or other costs
⏱️ **Get into the property market sooner** without waiting to save a larger deposit
📊 **Make better use of your existing cash or equity**
This can be particularly valuable for medical professionals who have strong incomes but would prefer to retain their savings rather than contribute a larger deposit.
The key is knowing **which lenders offer professional LMI waivers, which medical professions qualify and what their individual eligibility criteria are.**
At **Monument Financial Group**, we can assess your circumstances and identify lenders that may offer an LMI waiver based on your profession and financial position.
If you're a medical professional considering purchasing a home, **let's see what options may be available to you.**
📞 0493 812 750
📧 [email protected]
🌐 monumentfinancialgroup.com.au
*LMI waivers are subject to lender policy, eligible professions, income requirements, loan limits, LVR restrictions and individual circumstances. Approval is not guaranteed.*
