If you are keen on buying a home loan, and paying no mortgage insurance, we do have some specialist lenders who offer no LMI deals for professionals. Most lending has a maximum loan of 90% so you will require a deposit.
Mortgage insurance can apply to loans 80% and over. If you do not belong to one of our categories, don’t worry as we have you covered! Some of our lenders offer 85% and even 90%, and cover construction as well!
You may be one of the following categories:
- Professor
- Doctor
- Nurses
- Engineers
- Physiotherapist
- Psychologist
- Accountant
- Plus many more categories
Lenders will differ from each other, but there is a real opportunity to save the cost of mortgage insurance which may be allocated to other costs, such as stamp duty
If you would like to know more, please call 0403 211 361 or email hello@georgefinancialservices.com.au