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KEY BENEFITS

Exclusive Home Loan Benefits For Lawyers

  • 1. No LMI up to 95%

    Save thousands with waived Lenders Mortgage Insurance when borrowing up to 95% of the property value.

  • 2. Lower Interest Rates

    Access exclusive negotiated interest rates tailored for legal professionals.

  • 3. Flexible Business Financing

    Secure flexible credit terms when purchasing a legal practice.

  • 4. Higher Investment Limits

    Benefit from higher exposure limits for multiple investment properties.

Smart Repayment Planning for Lawyers

See how much you’ll pay monthly and explore flexible repayment options tailored to legal professionals.

Calculate Your Repayments
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HOME LOANS FOR LAWYERS

Maximise Your Borrowing Power

Discover how much you can borrow as a lawyer and take advantage of exclusive benefits like waived LMI and higher loan limits.

1. Borrow Up to 105%

With a guarantor, you may be eligible to borrow up to 105% of the property value, covering purchase costs.

2. 95% Loan with No LMI

Eligible lawyers can borrow up to 95% of the property value without paying lenders mortgage insurance.

3. 90% Loan with Waived LMI

Secure a loan up to 90% of the property value while enjoying LMI exemptions, saving thousands.

LEGAL PROFESSIONAL ROLES

The legal professionals who are eligible for lenders mortgage insurance waiver.

Lawyer

Solicitor

Barrister

Judge

Magistrate

Why Choose US

Your Trusted Home Loan Specialists

At Everrich Finance, we specialise in securing exclusive home loan benefits for legal professionals. Our experienced mortgage brokers understand the unique financial standing of lawyers and work with lenders who offer competitive rates, waived LMI, and tailored solutions to maximize your borrowing potential.

Book a free assessment

Professional Guidance

Our team has in-depth knowledge of lawyer home loan benefits and will navigate the right fit for you.

Tailored Solutions

Whether you’re buying a home, refinancing, or investing, we structure your loan to suit your needs.

Exclusive Discounts

We help you access waived lenders mortgage insurance (LMI) and special interest rates available to legal professionals.

Customer Friendly Approach

We handle the paperwork and lender negotiations, ensuring a streamlined and efficient approval process.

We compare loans from a wide range of lenders

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CORE ESSENTIALS

A to Z of Home Loans For Lawyers Explained

Discounted loans for lawyers

Lawyers’ income is usually high, and they have a long term career prospect. Banks generally see lawyers as low risk borrowers because they rarely default on their home loan.

How much can I borrow as a Lawyer?

  • Up to 105% of the property value if you have a guarantor.
  • Up to 95% of the property value with waived lenders mortgage insurance waived.
  • Up to 90% of the property value with waived LMI.

What benefits do lawyers get on their home loan?

  • No lenders mortgage insurance if borrowing up to 95% of the property value
  • Negotiated interest rates
  • If you are purchasing a legal practice you can get flexible credit terms
  • Higher exposure limits when purchasing multiple investment properties
  • Purchases and refinances are acceptable
  • We can help with loans in a company or trust structure.

Accountants, lawyers, professional athletes, and entertainment professionals

1. Maximum loan size of $4.0 million.
2. Maximum loan of 90% of the property value.
3. You must be a member of a relevant industry organization
  • Chartered Accountants Australia & New Zealand (CA) /Affiliate CA) – or any other member of the Global Accounting Alliance (full list below); or
  • Certified Practising Accountant (CPA) /Fellow CPA) – including recognised partnering professional bodies (full list below); or
  • Chartered Financial Analyst Institute (CFA); or
  • Fellowship of the Institute of Actuaries of Australia (FIAA).
  • We can help with loans in a company or trust structure.
4. Accounting professionals must either be an accountant, chief financial officer (CFO), finance manager, auditor or actuary.
5. Legal professionals must either be a lawyer, barrister, judge or solicitor.
6. Different professional athletes will be considered under the condition that they have an accredited manager or agent.
7. Entertainment professionals must work in either the television, film, theatre, music or fashion industries. Please speak to us to find out if you’re eligible.
8. There is no minimum income requirement. Rental income can be considered.
Speak to us today on (03) 9034 5223 or enquire online.

How do I qualify for a lawyer loan?

  • Your legal profession must be in the list of acceptable professionals.
  • You are currently practicing as a lawyer.
  • You may be required to give evidence of your degree and industry membership.
  • Most lenders will need earning greater than $100,000 to qualify for a lawyer loan. But some lenders can waive this requirement.
  • You must have a good credit history, good employment history and strong asset position.
  • Most lenders will provide mortgage insurance waivers up to $3.6million.

How much can I save with lenders mortgage insurance waived?

Normally if you borrow over 80% of the property value then the lender will charge the lender’s mortgage insurance fee. Purchasing a property at the value of $1million and borrowing 90% loan to value ratio will generally cost over $20,000 in lenders mortgage insurance fee.

95% Home loans with no lenders mortgage insurance (LMI)

Some lenders can waive lenders mortgage insurance for legal professionals up to 95% loan to value ratio.
To qualify for no LMI on a 95% home loan:
  • Buy a residential property in category 1 and category 2 location
  • Be an Australian citizen or permanent resident living and working in Australia.
  • Be employed as a legal professional.
  • Have PAYG income in the industry for at least the last three years.
  • Minimum credit score required is greater than 550.
  • If self-employed, you need a minimum of two years’ tax returns and full financials.
  • The maximum loan amount is $1 million.

What legal professionals are eligible for lenders mortgage insurance waiver?

You should be currently working as a lawyer, solicitor, barrister, judge or magistrate.

What association is acceptable?

Some lenders will require you to be a member of:
  • Law Council of Australia
  • Law Society of NSW
  • Law Society of South Australia
  • Queensland Law Society
  • The Australian Bar Association
  • Law Institute of Victoria
  • Australian Labour Law Association
  • Australian Corporate Lawyers Association
  • The Commercial Law Association of Australia
  • Australian Insurance Law Association
Some lenders do not require evidence of your membership; however, they will require a copy of your degree or evidence that you are currently practicing in order to qualify for discounts and lenders mortgage insurance waiver.

What will the bank accept as evidence for membership?

The bank will accept:
  • Receipt for payment of annual membership.
  • Current valid membership card.
  • Written confirmation from the listed association.
  • Practicing Certificate.

Find out if you qualify?

Please contact us on (03) 9034 5223 or enquire online and our team can walk you through the process.
LAWYERS HOME LOAN FAQ

Home Loans For Legal Professionals: Your Questions Answered

  • 1. Are government lawyers accepted?

    Both state and federal government lawyers are eligible for the same discounts as lawyers that are privately employed or running their own business.

  • 2. Do lawyers get special discounts on home loans?

    Yes, many lenders offer special discounts for lawyers, including waived lenders mortgage insurance (LMI) for loans up to 95% of the property value, competitive interest rates, and flexible credit terms.

  • 3. How much can I borrow as a lawyer?

    Depending on your circumstances, you may be able to borrow:
    a). Up to 105% of the property value with a guarantor.
    b). Up to 95% LVR with waived LMI.
    c). Up to 90% LVR with waived LMI from select lenders.

  • 4. Who qualifies for a lawyer home loan?

    To qualify, you must be a practicing lawyer, solicitor, barrister, judge, or magistrate. Some lenders may also require proof of industry membership, a minimum income of $100,000, and a strong credit history.

  • 5. What evidence do I need to prove my eligibility?

    Banks may require:
    a). A practicing certificate.
    b). Membership confirmation from legal associations such as the Law Council of Australia or the Law Institute of Victoria.
    c). Proof of income, including PAYG or self-employment tax returns.

Testimonials

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James provides open and honest advice. He values long term relationship and will tell you what you need to hear even if that may be against his own interest in…

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Purchasing my first property would not have been possible without the help of Murray at Everrich Finance. He was extremely thorough in every step of the application process and always…

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Find Out Your Eligibility Today

Unsure if you qualify? Let us assess your situation and explore the home loan options available to you for your home loan.

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