Professional loans can save you money

How a professional loan could save you $20,000

If you shuffle between important meetings at work and are responsible for making big decisions, then the odds are, you’re working in a professional capacity. And if this is the case, you could stand to save tens of thousands of dollars when you decide to buy your next home or investment property.

A professional home loan package can help save you a significant amount off the cost of your loan. Why? Because lenders want to attract low-risk borrowers and high-income earners, so they offer special features and rates that aren’t always available to the general public.

Could You Qualify for a Professional Home Loan Package and What Are the Benefits?

Who is Considered a Professional?

Professional home loan packages were once restricted to medical professionals like doctors and dentists, lawyers, and accountants, but now they are available to a broader range of professionals. Teachers, nurses, defense force personnel, scientists and engineers are among the most widely recognized professions.

Interest Rate Discounts

People who qualify for a professional home loan package are eligible for significant interest rate discounts. This can lead to substantial annual savings.

LMI Waivers

Many professionals can qualify for waived Lenders Mortgage Insurance (LMI) up to certain Loan-to-Value Ratios (LVRs), leading to significant savings.

Reduction of Fees

Lenders often waive application fees on professional home loan packages, leading to further savings. Additionally, bundling different products can lead to reduced fees and interest rates.

More Options

Professional packages often come with added flexibility, such as offset accounts and the option to make additional payments without penalty.

At Professional Home Loans, we have developed strong relationships with various lenders who offer options tailored to professionals. If you’re ready to buy and you want to save money on your home loan, call us today on 1300 55 44 97 to discuss your options.

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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

– Physio
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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

– 90% no LMI Brisbane, QLD.
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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

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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)

– Sunshine Coast QLD
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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. “

Arlyn (Doctor)
– Townsville QLD