Why Medical Professionals Use DT Funding for Home Loans?
When you’re looking to borrow money for a home loan, banks and other lenders will look at a number of different factors to determine your ability to repay the loan amount. This includes your financial history, credit record, and profession.
Medical Professionals have an excellent reputation with banks thanks to their high earning potential and a history of low default rates.
This means that banks really want your business. Some lenders are willing to go the extra mile and offer special discount rates or waive fees such as Lenders Mortgage Insurance (LMI).
We know Medical Professionals and we know you are busy. We go the extra mile to streamline the process and maximise your benefits.
Benefits of a Medical Professional Home Loan
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No LMI
Lenders will usually charge Lenders Mortgage Insurance (LMI) if you don’t have a 20% deposit. As a medical professional you can have this waived for loans up to 95% of the total property value.
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Discounted Interest Rates
If you are borrowing less than 80% of the property value, you can get a loan with discounted interest rates that are not available to the average home buyer.
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Higher Maximum Borrowing Capacity
Your high income potential as a medical professional means that banks are willing to lend you a higher amount than other home buyers.
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Flexible Policy
Lenders can consider income that they normally would not, allowing self employed medical professionals to enter the property market sooner
Am I eligible for a medico loan?
Surgeon (Upper/Lower)
Gastroenterologist
General Practitioner
General Surgeon
GP
GP Registrar
Gynaecologist
Haematologist
Heart Doctor
Heart Surgeon
Hepatologist
Immunologist
Intern (Hospital Employed)
Maxillofacial Surgeon
Medical Administrator
Medical Practitioner
Medical Registrar
Nephrologist
Anesthesiologist
Anaesthetist
Cardiologist
Cardiothoracic Surgeon
Chiropractor
Clinical Pharmacologist
Cosmetic Surgeon
Dental Specialist
Dentist
Dermatologist
Ear and Throat Surgeon
Emergency Doctor
Emergency
Medicine Specialist
Emergency Surgeon
Endocrinologist
Gastro Intestinal
Neurosurgeon
Neurologist
Obstetrician
Oncologist
Ophthalmologist
Optometrist
Oral Surgeon
Orthodontist
Orthopaedic Surgeon
Otolaryngologist
Paediatric Surgeon
Paediatrician
Pathologist
Pharmacist
Physician
Physiotherapist
Plastic Surgeon
Psychiatrist
Radiologist
Radiation Oncologist
Reconstructive Surgeon
Registrar
Resident Medical Officer
Residents (Hospital Employed)
Respiratory Surgeon
Rheumatologist
Specialist Physician
Staff Specialists
Surgeon
Surgical Registrar
Thoracic Surgeon
Urologist
Vascular Surgeon
Veterinarian