How We Saved Our Nurse Client $26K in LMI!

At North Coast Lending, we love looking after our clients and this recent win for our client (a local nurse) has us feeling extra proud.

Sonia Jones worked her magic once again, helping a first-home buyer and frontline worker secure her dream property – with just a 5% deposit and ZERO Lenders Mortgage Insurance (LMI).

The LMI Waiver:
Our client, a registered nurse, was eligible for the CBA’s exclusive LMI waiver for nurses, allowing her to borrow up to 95% of the property value without the usual LMI cost. That’s a whopping $26,000 saved – cash that stays in her pocket, not the lender’s!

What’s the Catch?
None – if you're in an eligible profession like nursing, midwifery or paramedicine, and meet the bank’s criteria, this kind of waiver could be a game-changer for your property journey.

Here’s how Sonia helped:
✅ Identified the LMI waiver as a fit based on her profession
✅ Matched her with the right lender (CBA)
✅ Navigated the paperwork
✅ Secured pre-approval fast so she could house hunt with confidence
✅ Got her across the line – and into her home!

The result? One happy nurse, one property, and zero LMI.

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