NAB · LMI waiver
3 profession groups, no income test stated.
NAB calls it the LMI waivers for medical and professional services and waives lenders mortgage insurance for: AHPRA-registered medical professionals: anaesthetists, chiropractors, dental practitioners, dermatologists, GPs, obstetricians and gynaecologists, ophthalmologists, optometrists, paediatricians, pathologists, pharmacists, physicians, physiotherapists, psychiatrists, radiation oncologists, radiologists, surgeons, veterinary practitioners; Financial professionals: accountants (CA, CPA, IPA), actuaries (FIAA), financial analysts (CFA); Legal professionals: barristers, lawyers and solicitors. NAB publishes the profession lists and the registration bodies but not the maximum LVR, an income test or a loan cap; it says eligibility depends on profession, loan type and LVR thresholds and directs you to a lender or broker. Evidence: Current AHPRA registration for medical professions; current membership of CA, CPA, IPA, FIAA or the CFA Institute for financial professions; a current practising certificate for legal professions. We read NAB’s own page on 22 September 2026 and quote it below.
NAB’s own policy pageFrom the page we read, so you can check us.
NAB — LMI waivers for medical and professional services
“This waiver is subject to eligibility criteria dependent on profession, loan type and loan-to-valuation (LVR) ratio thresholds. Must be practicing in an acceptable field and a current registered member of the Australian Health Practitioner Regulation Agency (AHPRA).”
Who else publishes a waiver, as at 22 September 2026.
Yes. NAB lists: AHPRA-registered medical professionals: anaesthetists, chiropractors, dental practitioners, dermatologists, GPs, obstetricians and gynaecologists, ophthalmologists, optometrists, paediatricians, pathologists, pharmacists, physicians, physiotherapists, psychiatrists, radiation oncologists, radiologists, surgeons, veterinary practitioners; Financial professionals: accountants (CA, CPA, IPA), actuaries (FIAA), financial analysts (CFA); Legal professionals: barristers, lawyers and solicitors. Its own page says: "This waiver is subject to eligibility criteria dependent on profession, loan type and loan-to-valuation (LVR) ratio thresholds. Must be practicing in an acceptable field and a current registered member of the Australian Health Practitioner Regulation Agency (AHPRA)." Checked 22 September 2026.
AHPRA-registered medical professionals: anaesthetists, chiropractors, dental practitioners, dermatologists, GPs, obstetricians and gynaecologists, ophthalmologists, optometrists, paediatricians, pathologists, pharmacists, physicians, physiotherapists, psychiatrists, radiation oncologists, radiologists, surgeons, veterinary practitioners; Financial professionals: accountants (CA, CPA, IPA), actuaries (FIAA), financial analysts (CFA); Legal professionals: barristers, lawyers and solicitors. That is NAB's own wording, which matters: "medical practitioners" and "health professionals" are different lists at different banks.
NAB publishes no income test on the page we read. NAB publishes the profession lists and the registration bodies but not the maximum LVR, an income test or a loan cap; it says eligibility depends on profession, loan type and LVR thresholds and directs you to a lender or broker.
Current AHPRA registration for medical professions; current membership of CA, CPA, IPA, FIAA or the CFA Institute for financial professions; a current practising certificate for legal professions.
Yes. CommBank to 90%, ANZ to 95%, Westpac to 95%, St.George to 95%, Bank of Melbourne to 95%, Bank of Queensland to 90%, BankSA to 95%, Suncorp Bank to 90%. The full table is on the LMI waiver page.
Checked against NAB’s own page on 22 September 2026. Policies change without notice; if something here doesn’t match what they’ve told you, theirs is right and we’d like to know. 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.
A broker at 1st Street can confirm the policy applies to you before you apply, and whether another lender gives you the waiver and a better rate.