Special Home Loans
For Pharmacists.

100% waived LMI for Pharmacists.

Normally, if you borrow more than 80% of the property value then the lender will charge you a fee known as Lenders Mortgage Insurance.

This can be quite expensive and works out to be around $24,000 when borrowing 90% of the value of a $1,000,000 property.

Did you know that as a Pharmacist, you don’t have to pay this fee?

Select lenders can waive the full cost of LMI, saving you tens of thousands of dollars.

By not having to pay a deposit or LMI, you’re able to quickly buy multiple investment properties or your dream home.

How large are the interest rate discounts?

The size of your interest rate discount will depend on:

• The size of your mortgage.
• If you are combining an interest rate discount with an LMI waiver.
• If you are a member of the Australian Pharmacy Council or another acceptable medical association.

We’re experts at negotiating huge mortgage discounts for Pharmacists. To be clear, the interest rates available to Pharmacists are significantly below the rates banks advertise to the public.

Quickly grow your property portfolio!

The key element most new investors forget is remaining within banks’ mortgage exposure limits.

Home loans for Pharmacists allow you to borrow up to $4.5 million with some of our lenders, which is much higher than a regular borrower.

This will help you to avoid capping out your borrowing power with a lender and stopping your investment plans in their place.

Depending on your plans, we may be able to instead spread your exposure between several lenders.

Yes. As an Pharmacist, you can essentially borrow 100% of the property value with no LMI, this means:

• You don’t need a deposit.
• You can keep more money in your pocket.
• And you can maximise your cash flow to take advantage of other investment opportunities.

Speak to one of our mortgage brokers because we recognise the importance of a good mortgage strategy when building a property portfolio.