Home loans for Medical Imaging Professionals & Other Health Professionals

Home Loan Discounts for Medical Imaging & Other Health Professional

Are you employed as a Medical Imaging Professional? Then you may be eligible for discounts or waivers on Lenders Mortgage Insurance (LMI). This would effectively save you thousands of dollars off your loan.

What is Lender’s Mortgage Insurance?

Lender’s Mortgage Insurance is insurance that specifically exists so as to protect a bank in the event that a customer defaults on their loan and the bank is forced to sell their security; however this sale results in a shortfall of funds (due to the sale price been less than the debt amount on the loan), and resulting in a loss to the bank.

In certain scenarios lenders will offer reduced or completely waive the LMI if you meet certain conditions or are employed in certain sectors.

Home loan for medical imaging specialist

Borrow up to 85% No LMI: Under this policy, your property must be Owner Occupied. No LMI will save you thousands of dollars with normal interest rates. This applies to:

Borrow up to 90% No LMI: As a Medical Professional, lenders look favourably up your profession and subject to credit approval, you may be eligible to have your Lenders Mortgage Insurance waived.

To satisfy eligibility criteria, you must be:

  1. Employed in one of the above listed professions.
  2. Registered with the relevant government body.
  3. Registered with the Australian Health Practitioner Regulation Agency (AHPRA)

For more information, call us today or enquire online and one of our experienced brokers will contact you.

Medical Occupation

Dietitians

Hepatologist

Occupational Therapists

Immunologist

Environmental Health Professionals

Nephrologist

Speech Professionals

Neuro Surgeon

Audiologists

Neurologist

Nurses

Obstetrician

Midwives

Oncologist

Optometrists

Ophthalmologist

Anesthetist

Optometrist

Cardio Thoracic Surgeon

Oral and Maxillofacial Surgeon

Cardiologist

Orthopaedic Surgeon

Clinical Pharmacologist

Orthopaedic Registrars

Cosmetic Surgeon

Otolaryngologist

Dentist

Paediatric Surgeon (Neonatal/Perinatal)

Dermatologist

Pathologist

Ear and Throat Surgeon

Plastic Surgeon

Emergency Surgeon

Psychiatrist

Endocrinologist

Radiologist (Note: this does not include Radiographers)

Gastro Intestinal Surgeon

Reconstructive Surgeon

Gastroenterologist

Respiratory/Thoracic Surgeon

General Practitioner (also known as Medical Practitioner)

Rheumatologist

General Surgeon

Surgeons

Gynaecologist

Urologist

Haematologist

Vascular Surgeon

Borrow up to 90% No LMI: As a Medical Professional, lenders look favourably up your profession and subject to credit approval, you may be eligible to have your Lenders Mortgage Insurance waived.

To satisfy eligibility criteria, you must be:

  1. Employed in one of the above listed professions.
  2. Registered with the relevant government body.
  3. Registered with the Australian Health Practitioner Regulation Agency (AHPRA)

For more information, call us today or enquire online and one of our experienced brokers will contact you.