Do you work in the medical field? You’ve done the hard yards, you’ve studied hard and put yourself in the position to have the propensity to earn good income. This makes you a very attractive client to the banks and they’re willing to fight for your business.

Do you hold a current registration with AHPRA? Did you know that depending on your role, state you’re buying in and your home ownership status you may be able to get into a home with zero deposit and no mortgage insurance! Others will be eligible for loans with between just 5% and 10% deposit and no mortgage insurance.

Not every bank offers the same deal so it pays to work with a professional to make sure you go to the bank that offers a product that matches your current needs. These may change over time and through different life cycles.

The maximum loan amount varies enormously so if you’re looking to buy a more expensive property we will make sure you’re placed with the bank that will consider this security while still charging NO Lenders Mortgage Insurance.

Other banks will increase their threshold of no Lenders Mortgage Insurance for clients that already hold lending with them or one of their partners. With a plan in place this may be the best place to start so that you can get into your first property with the absolute minimum deposit (after all those years of being a student this can be a good place to start!!)

Other banks will limit your total exposure. This will come into play if you hold multiple properties and are looking to build your portfolio. You’re not going to want to be with a lender that stifles your wealth creation goals.

Do you hold a current registration with AHPRA? Did you know that depending on your role, state you’re buying in and your home ownership status you may be able to get into a home with zero deposit and no mortgage insurance! Others will be eligible for loans with between just 5% and 10% deposit and no mortgage insurance.

  • Borrow up to between 80.01% and 100% of the value of any single security
  • Up to $3 million Max loan amount (this can be negotiated if you’re looking at something more expensive)
  • Receive very competitive negotiated interest rates.
  • Owner Occupied securities on Principle and Interest repayments
  • Investment lending on Interest Only repayments
  • No genuine savings required. Deposits can be gifts, sales of assets, tax returns etc.
  • Can be structured via trusts and companies
  • Properties can be in spouses name for asset protection
  • Only one borrower needs to qualify
  • No minimum income tests
  • Self-employed borrowers only need one years tax returns
  • PAYG can be casual, full-time, part-time or on contract

Customers must be registered under the following health professions.

  • Veterinary practitioners
  • Medical practitioners
  • Dental practitioners
  • Optometrists
  • Chiropracters
  • Physiotherapists

For full details and criteria, including a personalised report on exactly which products you’re eligible for, what interest rates you could expect, what other expenses you need to be aware of such as Stamp Duty estimates and legal fees Click Here for your Complimentary Home Loan Assessment and mention your job role so that we can make sure you get a tailored response to your specific field of expertise.