A List of Professions that are Commonly Eligible for LMI Waivers

Professional criteria can play a significant role in determining eligibility for LMI waivers. Lenders often view certain professions as lower-risk due to their stable income, high earning potential, or job security. Below is a list of professions that are commonly accepted for LMI waivers:

1. Medical and Healthcare Professionals

• General Practitioners (GPs)

• Dentists

• Medical Specialists (e.g., Cardiologists, Oncologists)

• Veterinarians

• Chiropractors

• Midwives

• Optometrists

• Physiotherapists

• Registered Nurses

2. Legal Professionals

• Lawyers (e.g., solicitors and barristers)

• Judges

• Partners in legal firms

3. Accounting and Finance Professionals

• Chartered Accountants (CA)

• Certified Practicing Accountants (CPA)

• Actuaries

• Auditors

4. Engineers

• Civil Engineers

• Mechanical Engineers

• Electrical Engineers

• Chemical Engineers

• IT Systems Engineers

5. Other Specialized High-Earning Professionals

• Company Directors and Executives with substantial experience

• University Lecturers and Professors (often eligible depending on the lender)

• Directors / Partners at KPMG, Deloitte, PWC and others.

Note: Each lender has its own policy regarding which professions are accepted, so eligibility may vary slightly across different financial institutions.