In addition to waived LMI, lawyers may also be eligible for discounts on interest rates. The discounts will vary according to the industry association, your income and the total loan. Some lenders require membership evidence as a lawyer, while others do not. The most common waiy to show evidence is with your practicing certificate.
Eligible occupations to receive home loan benefits include barrister, lawyer, solicitor or partner, however variations around these job titles are accepted.
Different lenders offer different discounts for lawyers. It is important to research and compare the options available to find the best deal for your needs, or engage a mortgage broker to do this for you.