General guideline for Medical Professional loans for no LMI above 80% LVR with banks

Medico clients could borrow up to 95% LVR with no LMI. Max loan amount $5M ($7.5M total lending with LMI waiver).

The following occupations are eligible for 95% LVR, LMI waiver, with no minimum income requirements:

· Dentists

· General practitioners

· Hospital-employed Doctors

· Medical Specialists

The following occupations are eligible for 90% LVR, LMI waiver, with a minimum income threshold of $90,000 per annum:

 · Audiologists

· Chiropractors

· Midwives

· Occupational Therapists

· Osteopaths

· Physiotherapists

· Podiatrists

· Radiographers

· Registered Nurses

· Sonographers

· Speech Pathologists

· Optometrists

· Pharmacists

· Veterinary Practitioners

Industry Specialisation, sport & Entertainment Policies

Your clients could borrow up to 90% LVR with no LMI if they meet the approved industry accreditation, eligibility and income requirements. The qualifying professionals' gross taxable income must be a minimum of $120,000 per annum from the customers qualification (e.g., excludes rental income).

Industries include:

· Accounting

· Legal

· Sports & Entertainment