Re: Waived LMI and discounts to doctors
Posted: Tue Jan 29, 2019 7:41 pm
Hi Jermaine,
Welcome to the forums.
Since oncologists are considered a preferred medical professional, you may qualify to borrow up to 100% of the property value and also avoid the cost of Lenders Mortgage Insurance (LMI).
LMI is by far the largest cost you will incur when it comes to property purchasing costs, which also includes stamp duty, government fees and legal costs like your solicitor.
Apart from saving thousands with 100% no LMI, you save even more because you don't need a deposit.
You can use whatever savings you've accumulated to help you set up your property, make extra repayments on your new mortgage or even go on a small holiday.
Please call us on 1300 889 743 or enquire online and one of our mortgage brokers will contact you to discuss doctor home loan discounts.
Cheers,
Otto
Welcome to the forums.
Since oncologists are considered a preferred medical professional, you may qualify to borrow up to 100% of the property value and also avoid the cost of Lenders Mortgage Insurance (LMI).
LMI is by far the largest cost you will incur when it comes to property purchasing costs, which also includes stamp duty, government fees and legal costs like your solicitor.
Apart from saving thousands with 100% no LMI, you save even more because you don't need a deposit.
You can use whatever savings you've accumulated to help you set up your property, make extra repayments on your new mortgage or even go on a small holiday.
Please call us on 1300 889 743 or enquire online and one of our mortgage brokers will contact you to discuss doctor home loan discounts.
Cheers,
Otto