Police Home Loans Australia | No LMI Up to 90% LVR
- Special discounted interest rates
- Save up to $40,000
- Borrow up to 90% of the purchase price for owner occupier properties
- Fast home loan approval plus FREE service
Find out if you qualify; No obligation!
Why Choose Police Home Loans
Police officers in Australia can now secure Police Home Loans with no Lenders’ Mortgage Insurance (LMI) up to 90% Loan to Value Ratio (LVR) through a special policy, saving up to $15,000 on a $500,000 loan. At Professional Home Loans, we offer tailored mortgage solutions, fast approvals, and competitive rates.
Benefits of Police Home Loans
- Savings on Lenders Mortgage Insurance (LMI) : Avoid LMI costs (up to $15,000 on a $500,000 loan at 90% LVR), enhancing your deposit flexibility.
- Fast Approvals: Our streamlined process delivers approvals in as little as 48 hours.
- Competitive Rates: Access some of the lowest rates available in 2025, starting around 5.75% (variable), per Canstar.
- Free Strategy Session: Book a no-cost consultation to explore your options with our experts.
Industry insights suggest financial planners save an average of $10,000 over 5 years with no LMI loans, according to [Mortgage Choice Insights](https://www.mortgagechoice.com.au).
Read our blog for the latest mortgage trends.
Eligility for No LMI Police Home Loans
To qualify for no LMI home loans up to 90% LVR, school teachers must meet these criteria:
- Work as an Australian police force officer
- Hold Valid memership with State/Federal Police Association
- Minimum 3 years professional experience
- Buying owner occupier property
What if I do not meet this criteria?
Don’t despair, because it’s likely we can still help you. We may be able to arrange a home loan up to 85% with No LMI premium payable.
How much will I save in LMI?
LMI premiums, like all insurance premiums, are priced based on the risk of the insured event happening. That is, the more likely that a borrower will default on the mortgage and the bank will suffer a loss, the more expensive the premium will be. See below explanation of LMI.
As such, LMI is not a flat rate but will vary depending on the size of the loan and the LVR. Here are some examples of a typical LMI premium for a 90% lend based on various loan amounts.
| Loan Amount | LMI Premium | Your Savings with Waiver |
|---|---|---|
$300,000 |
$4,100 |
$4,100 |
$400,000 |
$6,900 |
$6,900 |
$500,000 |
$8,600 |
$8,600 |
$600,000 |
$10,800 |
$10,800 |
$700,000 |
$13,500 |
$13,500 |
$800,000 |
$16,100 |
$16,100 |
For a $500K, you would save $8,600 – equivalent to over 4 years of principal payments. Add that with our low rates and you could shave years off your mortgage.
How to Apply
Getting started with Professional Home Loans is easy. Take these steps today:
- Submit your accreditation and income details.
- Get pre-approved within 48 hours.
- Secure your no LMI loan with our guidance.
Remember, only certain brokers are authorised to provide this special benefit.
Contact us online or call 1300 55 44 97 today to learn how we can help make your hard work and professional experience pay off!
With over 10 years of experience, we’ve helped hundreds of financial planners secure no LMI loans. Our 5-star rated advisors, Michael and Tom, ensures a personalized and efficient process. Explore Client Testimonials.
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FAQs – Police Home Loans
- Why should police officers choose Professional Home Loans?
Home loans for police officers come with an 90% LMI waiver and discounted interest rates, saving officers thousands.
- How much can police officers save on a police mortgage?
Officers can save up to $8,600 on LMI for a $500,000 police mortgage, cutting about four years off mortgage payments.
- What are the eligibility requirements for police officers?
Police must have at least one year of service, 5% in genuine savings, and meet general credit policies to qualify for home loans for police officers.
Testimonials
Tom has provided us with a very professional service, communicating all the available options to us and in the process he has literally saved us $75k that we would have otherwise paid. Being new the Australian property market it was imperative we found a broker that had the patience to answer the numerous questions we had be it by phone or email and sometimes outside normal working hours and that is exactly what we got from Tom. He certainly goes beyond the call of duty. Keep up the good work, Tom and we will no doubt be back in touch with you in the not too distant future.
Hamilton & Nyari
Finally, we were able to buy our own place in Sydney. THANKS to Michael. We were given the run around by various banks (we had a unique situation and despite good income and stable one, loan wasn't coming easy). When we almost finally gave up, we had nothing to lose and made one last call and it was to Michael. Our hopes were back in two days from there, and had our loan approved with in next few days. We appreciated all the prompt and helpful responses to all of our queries in relation to purchasing with a Temporary Visa. He even made a bank valuation possible in 24 hours or so. If we ever need help again with our finance, Michael will be the first person we would call. Kindest Regards, Anjuli & Kris
Anjuli & Kris Balachandran
Tom, rest assured, when we hear of any of our acquaintances in need of a mortgage you are the one I'll be referring them to. We are very happy to have been working with you, not only because the result is good, but even more since Lisa and I really appreciated your personal touch in our case, your always being available, even for emails late at night and always taking the time to answer our every question. Kind regards, Lisa & Bas
Lisa and Bas
Why Choose Professional Home Loans
Getting a home loan was really simple with Professional Home Loans.
“We went overseas during settlement and it was not a problem for them, everything went smoothly and I’m writing this from my new home! “
Jack Clancy
Well done you made it easy with no BS.
“Couldn’t ask for a better job – until next time (although no time soon, moving was awful). “
Accountant, Mick and Vanessa Renton
No LMI for building home in Sydney as well as 90% LVR no lmi for investment proerpty off the plan in Newcastle.
“Professional Home Loans has provided us with a very professional service, communicating all the available options to us and in the process he has literally saved us $75k that we would have otherwise paid. They certainly go beyond the call of duty. “
Hamilton (Accountant) & Nyari (Doctor) Sydney
Working for QLD Health achieved 90% LVR no LMI at normal rates - From UK. Sunshine Coast, QLD
“We were able to get a loan at a good rate and avoid paying LMI which saved us several thousand dollars that we can now put towards other things. Very helpful and informative about all aspects of the process, not just the loan, which we really appreciated as it made the whole thing a lot easier for us.”
Craig and Louise (Medical Registrars)
On a contracting basis – she got paid roughly 70% of what she billed.
“We assisted Arlyn with a 90% Mortgage with No Lenders Mortgage Insurance payable so she could buy a house and land package Thanks so much. All credits goes back to you as you helped me make all this happen. I couldn’t thank you enough for the job excellently done. “
“You not only got the loan approved on time, but at a better rate! You are professional, honest, dedicated & obviously love what you do-your passion shines through & I look forward to doing all my loans through you from now on!”
Linh