Borrowing more without LMI means you can:
  •  Purchase a higher-value property with increased borrowing capacity.
  •  Keep more cash in your offset account to save interest and access when needed
  •  Consolidate debts at a lower rate to improve cash flow.

Our specialised lending solution allows allied health professionals to borrow up to 90% of a property’s value without LMI. We work with select lenders who recognise the stability of healthcare professionals, offering superior credit outcomes.

Some financial lenders in Australia may offer loan packages that are tailored to medical and health professionals. The availability and features of these loans can vary between lenders.

Stable employment and a consistent income are both factors that a lender will look at, but making sure you pay your bills on time and in full, minimising your debt, and avoiding defaults are ways you can improve your chances of approval. Having a substantial down payment is also seen as favourable by lenders and may assist you in securing better loan terms. 

The amount you can borrow is based on a multitude of factors including your income, financial and employment history, and the lender’s policies. As a health professional you may be eligible to borrow larger amounts when compared to non-health professionals. However, it is important to keep in mind that criteria will vary between banks and institutions and there will be a lot of different factors to consider when choosing a loan.