Home loans for
Healthcare Professionals
Professional Packages for Registered Healthcare Professionals
up to 90% LMI Waiver – Allied Health
Welcome to our tailored brokerage services designed specifically for registered healthcare professionals. Our unique offering enables eligible medical professionals to access home loans or investment loans with a Lenders Mortgage Insurance (LMI) waiver of up to 90%. Please be aware that certain conditions apply.
Eligible Occupations:
Our brokerage services cater to healthcare professionals practising in Australia, including, but not limited to:
- Audiologist
- Chiropractor
- Midwife
- Occupational Therapist
- Osteopath
- Physiotherapist
- Podiatrist
- Psychologist
- Registered Nurse
- Radiographer
- Sonographer
- Speech Pathologist
- Optometrists
Key Benefits:
- Unlock loans with up to 90% LMI waiver
- Minimum income requirements apply
- Eligibility based on AHPRA registration status
Eligibility Criteria:
To qualify for our specialised packages, applicants must be registered with the Australian Health Practitioner Regulation Agency (AHPRA) under one of the following statuses:
- Status: Registered
- Registration Type: Provisional, General, or Specialist
To check eligibility, please visit the AHPRA website:
https://www.ahpra.gov.au/Registration/Registers-of-Practitioners.aspx
How to Apply:
Ready to explore the benefits of our specialised brokerage services? Contact us today for a consultation and personalised guidance on accessing tailored loans for your profession. We’ll help you navigate the diverse lending options available from our panel of lenders and secure the ideal loan for your unique needs.
Why Choose Our Brokerage Services:
- Industry-specific expertise
- Dedicated support from application to approval
- Comprehensive understanding of profession-specific loan options
- Transparent and dependable service
- Ongoing client support
Don’t miss this opportunity to access exclusive benefits for healthcare professionals.
Reach out to us today and embark on your personalised home loan journey!
Case Study 1
Client Background:
Heidi, a nurse earning $120,000 annually, and Steve, a carpenter with an income of $110,000 per year, decided to purchase a property together. They had $150,000 available for their new purchase. Heidi has a HECS debt, but they both have no other debts.
Their Decision:
Opting for a property priced at $1,000,000, they secured a loan of $900,000, covering 90% of the property’s value. Heidi and Steve took full advantage of Heidi’s occupation as healthcare professionals to access tailored loan options. They leveraged Professional Packages designed specifically for registered healthcare professionals, allowing them to secure a loan with a 90% Lenders Mortgage Insurance (LMI) waiver. Thanks to this, they didn’t have to pay for mortgage insurance, saving them over $21,000.
Conclusion:
Heidi and Steve’s strategic choice not only allowed them to avoid mortgage insurance costs but also saved them a significant amount of money, helping them manage their finances effectively as they ventured into property ownership.
Case Study 2
Client Background:
Hannah and David, both nurses, currently rent a property for $700 per week in their desired area. They have a combined income of $240,000 annually. However, they cannot afford to buy a property in their current location due to high property prices. They have savings of $250,000 and are exploring other investment options.
Their Decision:
After considering their financial situation and goals, Hannah and David decided to explore investment opportunities outside their current location. They found a suitable duplex priced at $1,500,000. They secured a loan of $1,350,000, covering 90% of the property’s value. Leveraging their occupation as nurses, they accessed tailored loan options with a 90% Lenders Mortgage Insurance (LMI) waiver, saving them over $35,500 in mortgage insurance costs.
Conclusion:
Hannah and David’s strategic choice to continue renting and investing in a duplex not only allowed them to stay in the desired location but also enabled them to utilise their loan as a deductible debt against the investment property. By leveraging their savings and occupation-based loan options, they have set a solid foundation for wealth accumulation and property investment, putting them on track to achieve their long-term financial goals.
Useful Tools
Looking for Other Options?
When borrowing a high loan amount compared to the property’s value without qualifying for mortgage insurance exemptions, consider using a family member’s property as part security. This keeps the loan under 80% LVR for both properties, avoiding the need for mortgage insurance.
This arrangement involves a family member acting as a guarantor. By reducing your Loan to Value Ratio (LVR) to under 80%, you can sidestep the need for Lender’s Mortgage Insurance (LMI).
The family member can contribute via equity from their own home as security, without having to provide funds directly to the borrower.
- Jill and her team were just amazing with helping myself and my partner secure finance for our first home. She helped us understand and choose the best financing package that suited our needs and wants. Couldn’t recommend them enough to help guide you through your big purchase decisions.read moreread lessThomas Badman1 month ago
- Jill and the team at In financial are amazing at their job. Very professional, easy to communicate with and Jill went above and beyond to make it easier for me to secure for first home. Will definitely recommend to anyone who is looking to purchase a home.read moreread lessCal Single3 years agoI have dealt with In Financial services now for a number of years. They have provided me with finance for a number of investment properties as well as recently a very difficult finance issue with a property purchase my mother has made. Their knowledge is 1st class on all aspects of finance and property related issues and I cannot thank them enough for their help.I cannot rate highly enough the knowledge and help that Janine and Kylie provide it is of the highest qualityI would not use any other financial service provider and highly recommend them to anyone who is thinking of using their servicesread moreread lessMichael Brown5 years ago
- One of the best things my financial planner ever did for me was to recommend Janine Harris of In Financial Services. I had been advised to purchase an investment property for a couple of years, but the whole process seemed very daunting and rather impossible. Then I met Janine , and before I knew it, I had a loan approved, a property purchased and I was finally on my way to a more secure future. There is no way I could have accomplished it all on my own in such a short time and such an efficient, worry -free manner. From start to finish, both Janine and Kylie were there for me, answering questions, dealing with any of my concerns and keeping me from becoming a nervous wreck. And their excellent, caring service continues with regular contact and support whenever I need it.With In Financial Services, not only are you dealt with in an excellent and highly professional manner, but you also always receive personal and friendly service. It's always a pleasure dealing with them and they are only a phone call away. Don't put off securing your future any longer, do yourself a favour and call them.You won't regret it.read moreread lessThe Grange Vet Clinic6 years agoI have used In Financial Services for both business and personal services. I purchased a new office vehicle and asked the dealership for a finance quote and In Financial Services came in over $60.00 cheaper per month which worked out to be a saving of over 1.5 months repayment!When it came time to sort finance for a new build, I went straight back to them and was once again very happy with the level of service.Would highly recommend you get a second opinion from In Financial Services.read moreread lessPatrick Mears6 years ago
- I recently purchased a new office vehicle. I asked the dealership for a finance quote and In Financial Services came in over $60.00 cheaper per month which worked out to be a saving of over 1.5 months repayment! Would highly recommend you get a second opinion from In Financial Services.read moreread lessPat Mears7 years ago