Benevolence Financial Group (BFG) is now Open Home Loan. Start home loan rate tracking and let Open automatically shop around for you – over your loan duration. When your ideal rate is reached, we’ll ask your bank to match it. Choose to stay or switch in minutes. No effect on credit score. Start for free.

We save lawyers an average of $40,000 on their home loans through special interest rates and discounts

Looking for a home loan as a busy lawyer? We're here to help.

Benefits of home loans for lawyers

No Lender's Mortgage Insurance (LMI)

You don’t have to pay lender’s mortgage insurance which saves you on average $19,000 for $800,000 loan amount when borrowing 90% of the property value.

Greater borrowing capacity

Increase the size of your loan to up to $2.7 million, exceeding the usual limit of $2 million. This can help you enter the property market faster without missing out on a grate deal.

Flexible lending criteria and interest rates

Become eligible for a loan with more flexible lending criteria. This allows you to negotiate an LMI waiver and better interest rates than those advertised to the general public.

Greater Loan to Value Ratio (LVR)

Supply as little as 10% deposit and remain eligible for great value loans, LMI waivers, interest rate discounts and other offers.

Discounts, cashbacks and other offers

Recieve other discounts, cashbacks and offers as a practicing lawyer.

Looking for a home loan as a busy lawyer? We're here to help.

Find out if you are eligible

There are some income requirements to be eligible for an LMI waiver as a lawyer:

Lawyers in WA, SA, NT nad TASLawyers in NSW, VIC, QLD and the ACT
Minimum income of $120,000 per annumMinimum income of $150,000 per annum

You must also be a member of a relevant industry organisation. Examples include:

  • The Australian Bar Association
  • The Law Society of New South Wales
  • Law Society of South Australia
  • Law Council of Australia
  • QLD Law Society
  • Law Institute of Victoria

If you are finding the process of gathering documentation and determining your eligibility difficult, We’ve created a checklist to help you apply for home loans for lawyers.

If your’re finding the process of applying for a home loan overwhelming and time-consuming, we can help you get in touch with a broker, who can support you with your home loan application for free.

What benefits are lawyers getting


Average interest yearly savings




Invested per customer to an environmental charity

What benefits are lawyers getting with a mortgage broker?

We know as an lawyer your occupation can be demanding and time-consuming. Whether you’re a first home buyer, looking to refinance or interested in investing, you may feel like applying for a home laon is too overwhelming to handle on your own.

Research and Compare home loans across 30+ banks and lenders to find you the best possible deal for your current situation.

Provide you with personalised advice relevant to your situation to help you make a confident and informed decision about your home loan.

Assist you in developing and submitting your application to save you the hassle of researching and filling out complex paperwork.

Best of all, brokers provide these services free of charge. That’s right, for free. Once you’ve secured our home loan, we’re reimbursed by the lender you apply to for providing them with a dedicated customer who’s ready to buy.

Brokers can save you time, money and heartache. All it takes is the touch of a button.

How you can find out more?

As a busy lawyer, you want information and support that is relevant and readily available. Whether your’re a lawyer who is a first home buyer, looking to refiannce or wanting to invest, we have specific information ready for you to discover.

Sometimes, it’s easier to speak to someone to directly about your home loan. Get in touch with one of our brokers for personalised advice at no cost to you.

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