- 3 Daniels St, Lilydale VIC 3140
- contact@prestigelendinggroup.com.au
- 0438 225 411
Medical Professionals
Save Thousands with an LMI Waiver for Medical Professionals
Eligible doctors, dentists, pharmacists, optometrists, veterinarians and other registered medical professionals may be able to purchase property with a smaller deposit-without paying Lenders Mortgage Insurance.
LMI Waiver for Medical Professionals
Your medical career requires years of education, commitment and hard work. The good news is that your profession may also give you access to specialised home loan benefits.
Eligible medical professionals may qualify to borrow up to 89.99% of a property’s value without paying Lenders Mortgage Insurance. Depending on the property value and loan amount, this could potentially save you thousands of dollars in upfront costs.
This lending option may be available when purchasing, refinancing, constructing or renovating an owner-occupied home or investment property.
Eligible medical professionals may qualify to borrow up to 89.99% of a property’s value without paying Lenders Mortgage Insurance. Depending on the property value and loan amount, this could potentially save you thousands of dollars in upfront costs.
This lending option may be available when purchasing, refinancing, constructing or renovating an owner-occupied home or investment property.
Who may be eligible?
- General practitioners, interns, residents and registrars
- Medical specialists and surgeons
- Dentists
- Pharmacists
- Optometrists
- Veterinarians
- Psychiatrists
- Radiologists
- Anaesthetists
- Cardiologists
- Dermatologists
- Gynaecologists
- Paediatricians
- Pathologists
- Oncologists
- Ophthalmologists
- Urologists
- Other approved registered medical professionals
* Please note that physiotherapists, psychologists and nurses are not currently included
in this particular LMI waiver offer.
in this particular LMI waiver offer.
Key Benefits
Borrow up to 89.99% LVR on eligible loans
Avoid the cost of Lenders Mortgage Insurance
Available for owner-occupied and investment properties
Suitable for purchasing, refinancing, construction or renovation
Loan amounts of up to $3 million per eligible security may be considered
Total lending of up to $5 million per borrower may be considered
What you may need
You’ll generally need to provide evidence of your profession and current registration. Most medical practitioners will require active AHPRA registration with a General or Specialist registration type. Veterinarians will need evidence from the relevant state or territory veterinary registration board.
Check Your LMI Waiver Eligibility
Tell us about your profession and what you’re planning. Jeevan will review your situation and come back to you within one business day — no obligation.
Helping Australians achieve financial freedom - whether you’re buying your first home, refinancing, or expanding your property portfolio.
Quick Links
Contact Info
- 3 Daniels St, Lilydale VIC 3140
- 0438 225 411
- contact@prestigelendinggroup.com.au
-
Monday to Friday: 9:00 AM – 5:30 PM
Saturday: By Appointment Only
Livandre Pty Ltd trading as Prestige Lending Group ABN 41 687 805 456 (Corporate Credit Representative No. 570 372) is authorised under Australian Credit License No. 517 192
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