Every lender’s LMI waiver

Home loans for engineers · September 2026

Home loans for engineersno published waiver

Checked 22 September 2026.

None of the 16 lenders we read publishes engineers on a waiver list as at 22 September 2026. The evidence you need is Engineers Australia membership and a relevant degree. On a $720,000 loan at 90% LVR the waiver is worth about $15,840; at 95%, about $30,240.

Lenders that list engineers
0 of 16
Highest LVR
No income test
0
Evidence
Engineers Australia membership and a relevant degree

Lender by lender

Only the lenders whose own policy names engineers. The lender’s wording for the profession is in the last column.

LenderMax LVR, no LMIIncome testLender’s wording

In the lender’s words

So you can check us.

Questions

Which lenders waive LMI for engineers?

None of the 16 lenders we read publishes engineers on a waiver list as at 22 September 2026. Brokers can sometimes access unpublished policies; ask before ruling it out.

What LVR can engineers borrow to without LMI?

Not stated by the lenders that list this profession.

Is there an income test for engineers?

Where there is a test it is usually the same figure the lender uses for every listed profession.

What evidence does an engineer need?

Engineers Australia membership and a relevant degree, plus payslips for the income test.

Can I use the waiver on an investment property?

It depends on the lender.

Checked 22 September 2026against each lender’s own policy page; re-read monthly. Profession lists and income tests change without notice; confirm with the lender before you rely on a row. LMI estimates are a guide from insurers’ published tables, not a quote. Arthr Pty Ltd provides marketing and lead-generation services only; credit assistance is provided by 1st Street Pty Ltd, Credit Representative 490057 under Australian Credit Licence 389328.

Which lender takes engineers this month?

1st Street sees every lender’s credit policy, including waivers the consumer sites don’t show, and which lender also gives you the rate.

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