Search found 3 matches

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Thu May 23, 2019 8:36 pm
Forum: Home Loan Forum
Topic: Specialist ENT surgeon looking to borrow 100% and finance to fit out medical practice
Replies: 5
Views: 11735

Re: Specialist ENT surgeon looking to borrow 100% and finance to fit out medical practice

That’s interesting. How much am I saving with the LMI waiver? What kind of interest rate discounts can I get? What determines the discounts?
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Thu May 23, 2019 7:14 pm
Forum: Home Loan Forum
Topic: Specialist ENT surgeon looking to borrow 100% and finance to fit out medical practice
Replies: 5
Views: 11735

Re: Specialist ENT surgeon looking to borrow 100% and finance to fit out medical practice

So, how is the loan going to get structured? Correct me if I’m wrong here, 100% of the property value will be one loan, and the fit-out will be a business loan. What are the interest rates like and terms on these loans?
by
Thu May 23, 2019 4:19 pm
Forum: Home Loan Forum
Topic: Specialist ENT surgeon looking to borrow 100% and finance to fit out medical practice
Replies: 5
Views: 11735

Specialist ENT surgeon looking to borrow 100% and finance to fit out medical practice

Hi, I’m a specialist ENT surgeon looking to purchase a commercial property to operate my business out of. My annual income is $1.2 million. The commercial property is valued at $1.1 million and I’m looking at borrowing 100% of the purchase price as well as a further $500,000 to fit out the medical practice and provide other funding for business operations.