Home Loans for Doctors and Other Medical Professionals Medical professionals work hard and often long hours in the centre of Australia's healthcare system, caring for others. But getting through the maze of personal finance - specifically obtaining a home loan - can seem as overwhelming as a medical emergency. Recognizing the value of these professionals, some Australian lenders have created tailored home loan products to help homeowners manage the financial burden of homeownership. These Medico Home Loans bring hope and make owning [...]

Doctors and medical professions have access to special deals for home loans that aren't available to everyone else on the market. In this article, we're going to look at the benefits of the medical professional home loan (Medico Home Loans). We going to look at why doctors qualify for special home loan discounts and policies and what kind of doctors and medical professionals are included in these special home loans for Doctors. What are the Benefits of a Medico Home [...]

Home Loans for Medical Professionals without LMI to 90% LVR Due to the banks' lower risk perception of doctors and other medical professionals, some lenders provide interest rate discounts and on lending up to 90% LVR and forgo the lenders mortgage insurance up to $2 million on Medico Home Loans. What is Lenders Mortgage Insurance? Lenders mortgage insurance (sometimes known as "LMI") is insurance purchased to protect the lender in the event of a borrower default. Lender mortgage insurance is [...]

Medico Home Loans are home loans for Doctors and Other Medical Professionals Home Loans for Doctors. Do you want to buy a home? Do not worry about high interest rates and costly home loan packages. There are several lenders/credit providers who are willing to offer special deals and savings to you in the form of Medico Home Loans, because, you are considered to: Have a lower than average delinquency rate with a high credit score Be at a low risk [...]

Medico Home Loans are for Low Risk Medical Professionals. Lenders offer Medico Home Loans to medical professionals as they consider them to be a low risk with above average income, which isn't only stable but increases over the time. Lending institutions prefer medical professionals as clients because they often require other products such as Car Leases or Business Loans. These Professionals as they are a lower risk can apply for Medico Home Loans which have higher loan amounts at higher [...]