Accountants, Actuaries & CFA’s

We know Accountants are busy people and your passion is in your numbers and in your clients. We specialise in putting time back into your day, by managing the entire loan process for you and being a mortgage broking firm that actually understands the numbers and complex structures. In addition to Accountants, we have helped many Actuaries and CFA’s finance their dream home, build their investment portfolios and optimise their current lending.

Helping Accountants, Actuaries & CFA’s Succeed in Finance

What is the maximum LVR I can borrow at as an Accountant, Actuary or CFA?

Upon meeting certain criteria, Accountants, Actuaries and Chartered Financial Analysts (CFAs) are able to borrow at a 90% LVR without incurring Lenders Mortgage Insurance (LMI). Banks usually label this benefit an “Industry Professional Offer”.

What is Lenders Mortgage Insurance (LMI)?

Lenders Mortgage Insurance (LMI) is a one-off fee that you pay to an insurance provider for borrowing above a certain Loan to Value Ratio (LVR). Typically this LVR is 80%. This premium is for the Bank’s benefit where, in the worst case, they need to sell your property and they make a loss on the loan. The Mortgage Insurer then protects the bank by reimbursing them on the loss.

Why do banks waive LMI for certain professionals?

Accountants, Actuaries and CFA’s with the relevant professional experience, qualifications and income are viewed by banks as higher and more stable income earners, and therefore having less risk of default than other professions.

What if my job title is not on this list?

If your job title is not on the list, you still may be eligible for LMI waiver if it is a small variation or you can establish that you still do the same work as any of the above. For example, if your title is Tax Accountant, Internal Auditor, or you work in Financial Planning & Analysis, and hold the above qualifications you will still be eligible

What benefits are there to Accountants, Actuaries or CFA’s if I want to start or I run my own practice?

The benefits of a higher LVR also extend to Accountants, Actuaries and CFA’s in Commercial Lending. Please contact us if you would like to make a Commercial enquiry in relation to financing your own accounting, actuarial or financial practice or any related expenses. This includes financing for fit-outs and motor vehicles.

WHO TO TALK TO

Need professional advice on Accountants, Actuaries & CFA’s?
These are experts to get in touch with.

Tommy Lim
Managing Director
Priscilla Tan
Operations Manager
Luke Xie
Finance Broker
Will Li
Commercial Director