A helping hand

If you're looking to buy or build, and you're currently working in an eligible profession, you could borrow up to 90% of the property value without the need to pay Lenders' Mortgage Insurance (LMI). It's available for new lending up to $1 million on Community First owner occupied home loans that allow a maximum LVR of 95%.

About this feature

At Community First, we want to help more people in our communities achieve their financial goals. To recognise some of our key community professions that work hard to serve others, we're making it easier to buy a home, by giving them the ability to borrow up to 90% of the property value, without the need to pay Lenders' Mortgage Insurance.

Essential services workers such as police officers, ambulance officers and paramedics, nurses in hospitals and aged care facilities, as well as prison officers, professional firefighters and school teachers may be eligible.



Borrow up to 90% without the need to pay LMI



If you're eligible, you won't pay LMI


Max loan

Available for new lending up to $1 million

Who's eligible? 

To qualify, at least one borrower (not guarantor) must be employed/engaged in one of the occupations listed below.

  • Police Department employee (sworn officer or civilian)
  • Ambulance Officer (including specialist paramedics)
  • Qualified Nurses (including hospital and nursing home/aged care facilities)
  • Prison Officers
  • Professional Fire Fighters
  • Qualified / Licenced Teachers (currently employed in a school)

  • Accountant
  • Medical Doctor
  • Dentist / Orthodontist
  • Judicial Officer
  • Veterinary Surgeon
  • Optometrist / Ophthalmologist
  • Legal practitioner

What is LMI?

Lenders’ Mortgage Insurance (LMI), is an insurance that protects the lender, not the borrower against a shortfall in the sale of the home and the outstanding loan amount should they default on a loan. It's a one-off payment made by the borrower at the time of the loan settlement, and can cost thousands.

How to apply

You can view our owner occupier loans below or get in touch with us to speak with someone to see if you're eligible and apply. Or, visit your nearest store.

Credit eligibility criteria, terms & conditions, fees & charges apply.


Community First Credit Union LimitedABN 80 087 649 938 | AFSL and Australian credit licence 231204 | BSB 512-170