Specialized lending for medical professionals
We understand that as medical professionals you have unique financial requirements. As specialists in the space we understand this all to well.
Whether you're new to the profession, or a seasoned veteran we can cater to your specific financial circumstances and really take the stress out of getting finance.
Benefits you can secure as a medical professional
Lower LVR / Deposit requirements
For doctors and other specialist medical professionals several lenders offer special packages allowing you to purchase or refinance with just a 5% deposit. Under these "medico" packages you will not incur a higher interest rate or be required to pay lenders mortgage insurance.
Nurses, physiotherapists, radiographers & other similar professionals can secure waivers with a 10% deposit requirement.
*this does not cover paramedics, however emergency service workers are entitled to their own set of benefits
Rock bottom interest rates
Due to your profession being well, necessary to the functioning of society, banks usually look at medical professional employment very favorably. This means with the right negotiator you can secure rock bottom rates, often below what the typical client would be able to secure.
Favourable consideration by banks
Banks will look at every client slightly differently, being a medical professional is seen as classically low risk. This means you may be able to secure favorable consideration from banks, allowing you to borrow more vs your income than what would generally be available to the wider public.