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Home Loan Variable: 5.94% (5.95%*) • Home Loan Fixed: 5.79% (6.39%*) • Fixed: 5.79% (6.39%*) • Variable: 5.94% (5.95%*) • Investment IO: 6.14% (6.58%*) • Investment PI: 5.99% (6.61%*)

Specialist Medical Industry Home Loans

YOU MAY QUALIFY FOR UNPUBLISHED AND MEDICAL-SPECIFIC DISCOUNTS

< DOCTORS >

< NURSES >

< VETS >

Doctors and other Medical Professionals May Qualify for a Zero-Deposite, No LMI Loan

Doctors and other health professionals are considered a low-risk borrower. Banks with your future business, so they make provisions for significant borrowing with no LMI. Call us to learn more.

Download our complimentary 40-page First Home Buyer Guide. It'll provide you with an understanding of the FHB journey.

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WE'RE PROUD TO SERVE THOSE THAT SERVE OUR COMMUNITY
We believe that our relationship doesn't end on the loan settlement. You will continue to receive our support and guidance as your circumstances change.

OUR APPROACH

As highly experience mortgage brokers, property investors and real-estate professionals, we’ll work relentlessly to guide you into a product that is suited to your circumstances.

THE PROCESS

We guide you through every step of the home buying or investment process – before and after settlement. We provide cutting edge insights on the property and money market..

YOUR EXPERIENCE

We have a customer focused, solution driven attitude. We aim is to be your trusted adviser driven by transparent advice, and backed by good old fashioned personal service..

Home Loan Variable: 5.94% (5.95%*) • Home Loan Fixed: 5.79% (6.39%*) • Fixed: 5.79% (6.39%*) • Variable: 5.94% (5.95%*) • Investment IO: 6.14% (6.58%*) • Investment PI: 5.99% (6.61%*)
  5.94% 5.95%*  
OWNER OCCUPIED VARIABLE
  5.79% 6.39%*  
OWNER OCCUPIED FIXED
  6.14% 6.58%*  
INVESTMENT IO
  5.99% 6.61%*  
INVESTMENT P&I
  5.79% 6.39%*  
FIXED RATES
  5.94% 5.95%*  
VARIABLE RATES
  5.99% 6.26%*  
INTRODUCTORY RATE
  6.59% 6.40%*  
DISCOUNT RATES
CALL US NOW ON 1300 66 12 11 FOR CURRENT MEDICO HOME LOANS
Our Process

STEP 1. ABOUT YOU

We gather some basic information from you in order to determine what products might best suit your circumstances..

STEP 2. COMPARE & CHOOSE

We present you with a variety of products with varying features. We'll help you choose the policy and premium that best suits you.

STEP 3. COVER & SUPPORT

We finalise your cover and protection. We continnue to provide support should your requirements or circumstances change.

  Medical Industry Frequently Asked Questions

Medical doctors are considered 'low risk' by the majority of lenders because of higher incomes, and the likelihood that income will increase over time. Additionally, Doctors are considered to be future customers of other types of products. It's for this reason that banks apply various discount on their products.

Doctors and certain other medical professionals are one of just a few groups that are considered for higher LVR borrowing without having to take out costly Lenders Mortgage Insurance (LMI), potentially saving you thousands. As a medical doctor you may usually borrow up to 100% LVR (or 100%) of the purchase price with no LMI (with strict lending criteria, including serviceability requirements, or far fewer requirements with a guarantor), or up to 90% LMI (or up to 90% of the value of the property) with no LMI. In the latter category a larger number of medical professionals are considered for this type of loan. Doctors are understood to be in a professional with higher incomes , low-risk. Your medical profession must be accepted by the banks, and you must also be a member of approved medial industry associations.

As a lower-risk professional your interest rate will usually be in the lower-tiers of those offered by the banks (consider the low rates listed below). We have access to a library of unpublished rates for medical professionals so we'd encourage you to call us to find out more. In most cases, the bigger discounts apply to those that are borrowing less than 80% of the property value.

The Fitout or fixing is an amount relates to the funds necessary to install the internal fittings and fixtures of your property. It can cover plastering or rendering, the part-installation of cupboards and benches, plumbing, electricity and gutters.

  Frequently Asked Questions

A Risk Fee is a once-off charge payable by you when the amount of money you borrow for the purchase of a home or asset if higher than that lender's acceptable LVR . For a home loan, this is usually 80% of the value of the home (80% LVR) ... [ Learn More ]

When you apply for a home loan, a lender will take a large number of factors into consideration when deciding whether or not to approve your application. The Serviceability assessment determines if you can comfortably "service" the loan repayments after considering all of your ... [ Learn More ]

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The Variable Home Loan rate is the most popular home loan type in Australia. An interest (and comparison) rate is set for a particular product and will vary depending upon cash rate changes as dictated by the Reserve Bank of Australia. The variable rate ... [ Learn More ]

Most home loans are based on principal and interest. That is, you pay off the principal amount (the amount you have borrowed) in addition to the accumulated interest. However, when servicing an interest only loan you will only pay off the interest component for ... [ Learn More ]

A Home Loan Package is a home loan bundled with other financial or banking services and products with the main attractive feature usually being an included discount on the home loan interest rate. At the time of this writing, the interest rate reduction ... [ Learn More ]

A Basic (or No Frills) Variable Rate Home Loan is a straight forward non-complicated loan with minimal features, a competitive interest rate and no annual or monthly fees. Payment of an establishment or application fee varies between lender ... [ Learn More ]

There are no limits to the police services and officers we work with. We also work with nurses, doctors, firefighters, and military personnel to source a suitable product given your unique employment position. Generally speaking, police officers ... [ Learn More ]

Extra perks are available to some qualifying professions within the mining industry like Mining Engineers, Surveyors and Geophysicists, whose salary meets the minimum income test ($150,000 at time of writing) and you are a member of the appropriate industry association ... [ Learn More ]

Barristers, Lawyers and accountants are recognised as low-risk borrowers with high incomes and for this reason, you can borrow up to 90% of the value of the property and pay no Lenders Mortgage insurance (LMI) . Normally LMI ... [ Learn More ]

Medical doctors are considered 'low risk' by the majority of lenders because of higher incomes, and the likelihood that income will increase over time. Additionally, Doctors are considered to be future customers of other types of products ... [ Learn More ]

The Loan to Value Ratio (LVR) is the amount you're borrowing represented as a percentage of the property’s value. The loan amount is divided by the purchase price of the valuation amount, then multiplied by 100 to make a percentage. For example ... [ Learn More ]

A comparison is the true cost of a loan every year, including fees and charges, and taking the product attributes into account. While an interest rate may be low to lure you into that product, the comparison rate provides a more realistic understanding of the cost of a loan ... [ Learn More ]

Pre-approval simply means that the lender has evaluated your property purchase, your basic details, and has obtained other early details, in order for you to start looking for property. It provides you with an informed and reliable estimate of your ... [ Learn More ]

Equity is the value of an asset (e.g house, car) minus any debts attached to that asset. For a property, the equity would be the current market value of the property minus the balance of any loans attached to that property. ... [ Learn More ]

Lenders assess mortgage applications differently based on the location of the property being offered as security. A lender, or the Lenders Mortgage Insurance provider, will apply more rigid lending policies in high-risk locations to limit their risk ... [ Learn More ]

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Self-Managed Super Funds are often used by investors as a means to take control over their superannuation for the purpose of investing in property of their own choosing. However, Self-Managed Super Funds - particularly when used for investing - is a complex ... [ Learn More ]

The term Genuine Savings refers to the funds that you have saved genuinely and gradually over time, usually between three to six months. It excludes gifts, tax refunds, one-off payments from the sale of assets, such as you car ... [ Learn More ]

We believe that former adversity shouldn't impact upon your ability to get a home loan, and we specialise in sourcing suitable products for those that have experienced adversity via a less-than-stellar credit history, bankruptcies, defaults, Part IX debt agreement ... [ Learn More ]

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When you apply for a home loan your lender will get an independent valuer to assess the bank valuation of the property you wish to buy. For the bank, property valuation risks are their main priority, so the bank valuation is a conservative estimate of the property's value ... [ Learn More ]

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As listed on our FAQ on your Credit Score , a credit report may list overdue payments of any kind (by 14 days), unreliable or missed payments, or defaults. That report holds information on your profile as a credit risk and ... [ Learn More ]

Your credit score is your credit history converted to a number between 0 and 1000 or 0 and 1200, depending on which credit score provider produced the credit score. The higher the score, the better your credit rating. It is one of the factors used by lenders to determine how ... [ Learn More ]

Related Articles [ FROM OUR BLOG ]
Various Home Loan Products

Your Mortgage Adviser will facilitate all finance arrangements. Listed are just a few of the
hundreds of mortgage products that will be made available to you.

Example Multiple Banks (Fixed)
Interest*
5.94%
Comparison*
5.98%
   
5.94%
5.99%
   
5.94%
6.09%
   
5.94%
6.09%
   
Example Multiple Banks Variable)
Interest*
5.94%
Comparison*
5.95%
   
5.99%
5.98%
   
5.99%
6.01%
   
6.04%
6.04%
   
Example BIg-4 Only (Variable)
Interest*
5.94%
Comparison*
5.95%
   
5.94%
6.05%
   
5.99%
5.98%
   
5.99%
5.99%
   
Example Investment Products (IO)
Interest*
6.14%
Comparison*
6.58%
   
6.24%
6.64%
   
6.34%
8.16%
   
6.39%
6.64%