Home Loans for Occupational Therapists: LMI Waived to 90% LVR + Low Rates
- Special discounted interest rates
- Save up to $40,000 over standard loans
- Borrow up to 90% of the purchase price
- Fast home loan approval plus FREE service
- Zero Lenders Mortgage Insurance on loans up to 90% LVR
Find out if you qualify -no obligation!
Home Loans for Occupational Therapists
Are you an occupational therapist looking to buy your first home or investment property? At Professional Home Loans, we specialize in helping occupational therapists—and other allied health professionals—secure tailored mortgage solutions with:
- No Lenders Mortgage Insurance (LMI) up to 90% Loan-to-Value Ratio (LVR)—just a 10% deposit!
- Competitive Low Rates exclusive to professionals like you.
- Nationwide & Expat Support: From Sydney to rural areas, or overseas as an expat, we’ve got you covered.
Do You Qualify for an Occupational Therapist Home Loan?
To waive LMI and access low rates, you’ll typically need:
- Profession: Registered Occupational Therapist (OT) with the Australian Health Practitioner Regulation Agency (AHPRA).
- Income: $90,000+/year (including overtime, allowances, or second jobs).
- Experience: 1 year with your current employer or 2 years in occupational therapy.
- Credit: Clean credit history.
- Deposit: 10% of the property value + costs (e.g., stamp duty).
Not sure if you qualify? Call 1300 55 44 97 for a free eligibility check.
How Much Can Occupational Therapists Save?
LMI costs rise with loan size and LVR. With our 90% LVR waiver, here’s what you avoid:
| Loan Amount | LMI Premium | Your Savings (85% waiver time limited offer) |
|---|---|---|
$300,000 |
$4,100 |
$4,100 |
$400,000 |
$6,900 |
$6,900 |
$500,000 |
$8,600 |
$8,600 |
$600,000 |
$10,800 |
$10,800 |
$700,000 |
$13,500 |
$13,500 |
$800,000 |
$16,100 |
$16,100 |
As is evident from the above table, for an average loan size of $500,000 the savings in LMI would be circa $8,600. This savings in conjunction with market leading interest rates will save you many many years off your mortgage. The LMI in and of itself on a 500k home loan would be in excess of 4 years of principle payments on your mortgage. You have just paid off the first 4 years of your home loan!
We Maximise your OT Income
Occupational therapists often have varied earnings. We partner with 30+ lenders who:
- Accept 100% Overtime: Boost your borrowing with extra shifts (2 payslips + PAYG certificate).
- Include Allowances: Meal allowances and fringe benefits count (employer letter required).
- Count Second Jobs: Income from additional roles or private practice (6-12 months’ proof).
Already Found a Home to Buy?
What is Lenders Mortgage Insurance?
LMI protects the lender—not you—if you default. It’s a one-time fee for loans over 80% LVR, often costing thousands. Our no-LMI waiver for occupational therapists eliminates this up to 90% LVR, keeping more money in your pocket.
Free 30-Minute Finance Strategy Session For Professionals
Discover How To Get Approved With A Lower Interest Rate & Save Up To $40,000 In Fees
FAQs: Home Loans for Occupational Therapists
Can casual OTs qualify?
Yes, with 1 year at your current job or 2 years total as an OT.
Which banks waive LMI for OTs?
We work with lenders like ANZ (up to 90% LVR, $4.5M max loan), Bank of Melbourne (90% LVR, $5M max), and CommBank—call us to find your best fit.
What if I’m on probation?
You can apply, but post-probation improves approval chances.
How much deposit do I need?
10% + costs (e.g., stamp duty). Less than 15%? Ask about guarantor options.
Can I buy an investment property?
Yes, our no-LMI offer applies to both owner-occupied and investment properties.
Why Choose Professional Home Loans?
- Proven Results: Saved clients like Hamilton & Nyari $75K.
- 30+ Lenders: We secure the best deal for your situation.
- OT Expertise: Personalized support for your busy career.
“Tom saved us $75K—professional and always available!” – Hamilton & Nyari
Testimonials
Tom has provided us with a very professional service, communicating all the available options to us and in the process he has literally saved us $75k that we would have otherwise paid. Being new the Australian property market it was imperative we found a broker that had the patience to answer the numerous questions we had be it by phone or email and sometimes outside normal working hours and that is exactly what we got from Tom. He certainly goes beyond the call of duty. Keep up the good work, Tom and we will no doubt be back in touch with you in the not too distant future.
Hamilton & Nyari
Finally, we were able to buy our own place in Sydney. THANKS to Michael. We were given the run around by various banks (we had a unique situation and despite good income and stable one, loan wasn't coming easy). When we almost finally gave up, we had nothing to lose and made one last call and it was to Michael. Our hopes were back in two days from there, and had our loan approved with in next few days. We appreciated all the prompt and helpful responses to all of our queries in relation to purchasing with a Temporary Visa. He even made a bank valuation possible in 24 hours or so. If we ever need help again with our finance, Michael will be the first person we would call. Kindest Regards, Anjuli & Kris
Anjuli & Kris Balachandran
Tom, rest assured, when we hear of any of our acquaintances in need of a mortgage you are the one I'll be referring them to. We are very happy to have been working with you, not only because the result is good, but even more since Lisa and I really appreciated your personal touch in our case, your always being available, even for emails late at night and always taking the time to answer our every question. Kind regards, Lisa & Bas
Lisa and Bas
Why Choose Professional Home Loans
Getting a home loan was really simple with Professional Home Loans.
“We went overseas during settlement and it was not a problem for them, everything went smoothly and I’m writing this from my new home! “
Jack Clancy
Well done you made it easy with no BS.
“Couldn’t ask for a better job – until next time (although no time soon, moving was awful). “
Accountant, Mick and Vanessa Renton
No LMI for building home in Sydney as well as 90% LVR no lmi for investment proerpty off the plan in Newcastle.
“Professional Home Loans has provided us with a very professional service, communicating all the available options to us and in the process he has literally saved us $75k that we would have otherwise paid. They certainly go beyond the call of duty. “
Hamilton (Accountant) & Nyari (Doctor) Sydney
Working for QLD Health achieved 90% LVR no LMI at normal rates - From UK. Sunshine Coast, QLD
“We were able to get a loan at a good rate and avoid paying LMI which saved us several thousand dollars that we can now put towards other things. Very helpful and informative about all aspects of the process, not just the loan, which we really appreciated as it made the whole thing a lot easier for us.”
Craig and Louise (Medical Registrars)
On a contracting basis – she got paid roughly 70% of what she billed.
“We assisted Arlyn with a 90% Mortgage with No Lenders Mortgage Insurance payable so she could buy a house and land package Thanks so much. All credits goes back to you as you helped me make all this happen. I couldn’t thank you enough for the job excellently done. “
“You not only got the loan approved on time, but at a better rate! You are professional, honest, dedicated & obviously love what you do-your passion shines through & I look forward to doing all my loans through you from now on!”
Linh