Dentist LMI Waiver Guide

Dentists are among the professions that may qualify for LMI waiver policies with some lenders. However, not all lenders include dentists, and the criteria — registration, income, loan size and LVR — vary between lenders.

Quick Answer

Some lenders offer LMI waiver policies for dentists, subject to dental registration, income, loan size and LVR. Eligibility is not guaranteed and varies by lender.

What Lenders Require For Dentist LMI Waivers

AHPRA registration — must be current

Income level — some lenders apply a minimum threshold

Loan amount — maximum loan sizes vary by lender

LVR — most waivers apply below 85–90% LVR

Employment type — practice owner vs employed dentist can affect eligibility

Practice Owners vs Employed Dentists

Employed dentists with PAYG income are generally assessed more simply. Dentists who own a practice have additional complexity — practice income, business debt and company or trust structure all need to be accounted for alongside the personal loan application.

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Frequently Asked Questions

Do all dentists qualify for LMI waivers?

No. Eligibility depends on lender policy, registration, income, LVR and loan size.

It can. Practice income, business debts and entity structure may affect the overall assessment.

How Dentist LMI Waivers Work

Professional LMI waiver policies for dentists typically require AHPRA registration, a minimum income level, a loan within a maximum LVR and a loan amount within the lender’s cap. The exact criteria vary by lender and can change.

What Lenders May Look At

AHPRA dental registration — must be current

Income level — minimum threshold may apply

LVR — commonly 85–90% for eligible dentists

Loan amount — maximum cap varies by lender

Employment type — PAYG dentist vs practice owner

Property type — residential owner-occupied generally broader

Employed vs Practice-Owner Dentists

An employed dentist receiving PAYG income with AHPRA registration is typically the easiest case for an LMI waiver. A practice-owner dentist with income flowing through a company or trust is more complex — some lenders may still extend the waiver, others may not.

What Happens If LMI Waiver Is Not Available

Save toward a 20% deposit

Compare LMI costs across lenders

Check government scheme eligibility for first home buyers

Consider whether a family guarantee arrangement might assist

Common Mistakes

Applying to a lender without a dental LMI waiver policy

Not providing AHPRA registration with the application

Not checking whether practice owner status affects eligibility at a specific lender
Do all lenders offer dentist LMI waivers?

No. This is lender-dependent. Eligibility criteria vary.

It can. Practice income and business debts may complicate the assessment.

Check Dentist LMI Waiver Eligibility

We review lender policies for dentists across 50+ lenders.

General information only. Lending eligibility, LMI waiver policies, rates and approval outcomes vary by lender and are subject to assessment.

Check Your Dentist LMI Eligibility

We review lender policies for dentists across 50+ lenders.

General information only. Lending outcomes vary by lender and individual circumstances.

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Written by: Simpli Finance Lending Team · Reviewed by: [Broker Name], Mortgage Broker · Last updated: June 2026