Are there any discounted rates available for accountants?

Any general questions you might have in regards to loans and finance.
Post Reply
User avatar
Otto Dargan
Mortgage Specialist
Posts: 7730
Joined: Sat Sep 06, 2008 5:55 pm
Location: Sydney, Australia
Contact:

Re: Are there any discounted rates available for accountants?

Post by Otto Dargan »

Hello Roberto. Welcome to the forums.

Accountants are considered low-risk borrowers by many banks and thus are able to get discounted rates and waived Lenders Mortgage Insurance (LMI) home loans.

The main qualifying criteria for a waived LMI home loan are:
  • Borrow up to 90% of the property value.
  • Purchases and refinances are both eligible.
  • Purchasing multiple investment properties is acceptable.
  • You must be a registered CA, CPA, CFA or FIAA.
  • You must be earning a minimum of $120,000 - $150,000 p.a.
  • Evidence of your degree or industry membership (CPA Australia) may be required.
  • You must meet all standard criteria.
Give us a call on 1300 889 743 or fill in our free assessment form to find out if you qualify for a no LMI home loan.

Cheers,
Otto Dargan
Mortgage Broker
P | 1300 889 743
Home Loan Experts

User avatar
Otto Dargan
Mortgage Specialist
Posts: 7730
Joined: Sat Sep 06, 2008 5:55 pm
Location: Sydney, Australia
Contact:

Re: Are there any discounted rates available for accountants?

Post by Otto Dargan »

Hi Roberto,

In cases where an accountant doesn’t qualify for a waived LMI home loan or doesn’t need one (when applying for less than 80% Loan to Value Ratio), we can negotiate a significant interest rate discount on your behalf.

The discounts will depend on:
  • Your loan amount.
  • The percentage of the property value you’re borrowing, also known as Loan to Value Ratio (LVR).
  • Your industry membership and your degree.
Please check our interest rate webpage for the most competitive rates available on the market today.

Cheers,
Otto Dargan
Mortgage Broker
P | 1300 889 743
Home Loan Experts

User avatar
Otto Dargan
Mortgage Specialist
Posts: 7730
Joined: Sat Sep 06, 2008 5:55 pm
Location: Sydney, Australia
Contact:

Re: Are there any discounted rates available for accountants?

Post by Otto Dargan »

Hi Roberto,

As we are not fully aware of the full details of your home loan, credit history and any issues that may arise in your loan application, we simply don’t know which lenders you qualify with for waived LMI and discounted interest rate mortgages.

Not all lenders offer these special rates and discounts for accountants.

Speak with one of our experienced mortgage brokers who can assess your situation fully and find out which lenders you qualify with for these loans.

Give us a call on 1300 889 743 or fill in our free assessment form today.

Cheers,
Otto Dargan
Mortgage Broker
P | 1300 889 743
Home Loan Experts

Post Reply