Doctors and medical practitioners enjoy amazing benefits on medico home loans such as lower rates, no LMI, zero set-up cost, easy cash out and many more. You just have to provide your employment documents to the finance broker who will then find you the best medico loan package.
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Doctors and Medical Professionals can enjoy Huge Discounts & Lower Rates with Medico Home Loans
1. Good news for Doctors &
Medical Professionals!
Obtain huge discounts &
low rates on Medico Loans.
2. Special Discounts of Medico Loans
• Discounted Interest Rates
• Discounts on Lenders Mortgage Insurance (LMI) or
even no Mortgage Insurance
• Easier Loan Approval - even for the typical "hard
loan proposals"
• No Set Up Cost or Application Costs
• No Valuation
• Special Interest Rate for Family Members
•Easier Cash Out (equity release policy)
3. Why discounts are provided
on Medico Home Loans?
Doctors & Medicos = Lowest Delinquency Rate = Low Risks
AND
Low Risks = Huge Discounts on Medico Home Loans.
4. A medico loan can be used for:
• Residential and investment properties purchase
• Practice premises that are converted residential houses
• Owner-occupied dwelling
• Refinancing loan
• Obtaining Cash Out
• Consolidating your debts
5. It cannot be used for:
• Refinancing of working capital
• Equipment finance &
all other business related purposes
6. Features of Medico Loan
1. Confirmation & validation of 5% genuine savings
is not required
2. A maximum 90 % LVR may be approved without LMI
7. Eligibility Criteria for Medico Loan
A medico loan is available to:
• General Practitioners
• Hospital - Employed Doctors
(e.g. Intern, Resident, Registrar, Staff Specialist)
• Dentists
• Veterinary Practitioners
• Pharmacists
• Surgeons
• Optometrists
• Radiologists
• Physiotherapist
8. Employment Documents
You only have to provide copies of the following:
• Your University degree or qualification, or
• Your Registration with the Medical Practitioners
Board of Australia or equivalent body
Approvals are subject to meeting Lenders Credit Criteria