Industry Specialisation LMI Waivers

If you're in a specialised industry, you might qualify for an LMI waiver

5.0

from 17 Reviews

In a specialised industry? See if you qualify for a waiver or any incentives

When embarking on the journey of buying a home, particularly in the dynamic property market of Perth, WA, residents and aspiring homeowners across Australia face numerous decisions, not least the choice of the right Mortgage Brokers. At Clubhouse Finance, we pride ourselves on demystifying the often intricate paths of home financing. One of our specialised offerings is aiding clients in understanding and benefiting from Industry Specialisation Waivers for Lenders Mortgage Insurance (LMI), a one-off insurance payment that can significantly impact your financial planning when buying a home.

Industry Specialisation Waivers for Mortgage Insurance can serve as a powerful advantage for eligible professionals, such as doctors, lawyers, engineers, and accountants. Typically, LMI is an insurance premium where you pay to cover the risk of the lender who lends you money. It is usually charged on loans above 80% Loan to Value Ratio (LVR). However, with special waivers, these professionals can secure a mortgage without this additional cost. Whether you pay the LMI upfront or choose to include it in the loan amount, avoiding this fee can lead to significant savings and better home loan options.

Our expert Mortgage Brokers at Clubhouse Finance are equipped to guide you through accessing these discounts or special LMI offers. By collaborating with banks and lenders across Australia, we ensure you have access to the most competitive home loan options. Our deep understanding of how interest rates and your financial situation affect loans empowers you to make informed decisions when applying for a home loan. From understanding fixed and variable interest rates to calculating anticipated home loan repayments, we provide comprehensive support throughout the application process.

The journey doesn't stop at LMI waivers. Securing a home loan also involves understanding your credit history, which plays a crucial role in determining your borrowing capacity and the home loan rates for which you may be eligible. Our streamlined application process allows us to efficiently analyse credit histories and bank statements, helping you apply for a home loan with precision and confidence. Whether you're interested in a fixed interest rate home loan or exploring variable home loan rates, our approach is personalised to your needs.

At Clubhouse Finance, we also assist in navigating the complexities of stamp duty and home equity, making sure you’re well-prepared financially before making commitments. We encourage prospective buyers to get pre-approved for a home loan, offering peace of mind and a clearer vision of the property market you can access. Including an offset account in your mortgage strategy might further reduce interest costs, enhancing your financial positioning.

With Perth's property market being both attractive and competitive, having the right guidance is invaluable. Our role at Clubhouse Finance is to simplify the mortgage application process, ensuring a seamless transition from initial enquiry to home loan pre-approval and beyond. We help you explore Home Loan options that suit your lifestyle and financial goals, enabling you to leverage your credit history to secure interest rate discounts and favourable terms.

At Clubhouse Finance, our commitment is to make your dream of buying a home a reality with expertise and clarity. Let our skilled Mortgage Brokers assist you in understanding Industry Specialisation Waivers for Mortgage Insurance and all aspects of the home financing journey. Reach out to Clubhouse Finance today, and take the first step towards securing your ideal home with confidence.

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Our Recent Reviews

Ed was a pleasure to work with and was always available to answer any questions I had. As a first home buyer I found this to be invaluable and I would absolutely recommend Ed.

Theo Whitney

Ed was absolutely outstanding to work with. As first home buyers, I felt completely supported from start to finish. He took the time to clearly explain every step of the process and made what could have been a stressful experience feel smooth and manageable. His communication was excellent, keeping me regularly updated and coordinating seamlessly with the bank, real estate agent, and settlement agent to keep everything moving. Ed’s professionalism, paired with his warm and approachable personality, gave me total confidence thatI was in safe hands throughout the entire journey. He truly went above and beyond, and I couldn’t recommend him more highly

Chloe Pendlebury

I’ve worked with Ed as my mortgage broker for nine years and I honestly wouldn’t go anywhere else. He has been an incredible source of support through every stage, whether things were straightforward or complex, sensitive, and time-critical. No matter how busy he is, Ed is always accommodating, responsive, and genuinely invested in getting the best outcome. He explains things clearly, stays calm under pressure, and makes what can be a stressful process feel manageable and supported. I trust him completely and highly recommend him to anyone wanting a broker who truly goes above and beyond.

Lyndsey Mead

As first home buyers, Ed was extremely supportive throughout the entire process and helped us understand what was required at each step from the outset. He communicated with us regularly, keeping us up to date where everything was at, especially when working with the bank, real estate agent and settlement agent to keep things moving. He truly went above and beyond, and we couldn’t recommend him highly enough!

Izzy Rakich

Frequently Asked Questions

Why should I use a Mortgage Broker?

Mortgage Brokers are there to help you find the right loan whether it be from the major banks, smaller lenders or other sources. We have a broad range of products (more than any single lender can offer) which means we can do all the legwork to find the right loan for you.

What kind of interest rates can you offer?

We take look at a wide range of products available from Banks, Credit Unions & other lenders across the country. This means we can search thousands of products and make sure we're always recommending the best Home Loans for our clients.

Can you help with refinancing an existing Mortgage?

Of course! We believe that we can find the best interest rate for you to refinance to, whether it's a Home Loan or Investment Loan.

Can you help First Home Buyers?

We love helping First Home Buyers! We're experts at the entire process and can help you get the right Home Loan. We're also across the various schemes to help First Home Buyers such as the First Home Owners Grant and the various stamp duty exemptions available.

Are your mortgage brokers licensed and accredited?

All of our Mortgage Brokers are accredited and members of the Mortgage and Finance Association of Australia. They are extremely professional and provide exceptional service across a range of lending options.

Can you only help with Home Loans?

We can help with Home and Investment Loans, Construction Loans, Car Loans, Personal Loans and much more. If you're looking to borrow to buy something, we can probably help.

Contact

Perth, WA

0410 171 925

Clubhouse Australia Pty Ltd ABN: 15 633 208 812. Credit Representative #516238 is authorised under Australian Credit License #389328

Disclaimer: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.