Save money by applying for a professional mortgage package.
Previously only available for medical professionals, lawyers, and certified public accountants, a professional mortgage package can now be accessed by a wider range of customers whose professions fall within the lender’s preferable fields of work. If you are considered a ‘low-risk’ customer by the lender, you may be eligible for a professional mortgage package which can enable you to make major savings in your home purchase.
Lower rates for professionals
If you are eligible for a professional mortgage package, you will have access to discounted interest rates, both for variable rate loans and fixed rate loans.
What are the benefits of a professional mortgage package?
Professional mortgage package comes with several benefits. Some of them are:
Interest rate discounts
If you are eligible for a professional mortgage package, you will have access to discounted interest rates, both for variable rate loans and fixed rate loans.
Reduced Fees
One of the most common features available in a professional mortgage package is fees reduction. From application fees to insurance products, this feature will allow you to save hundreds, or even thousands of dollars.
Offset Accounts
As someone who is eligible for the professional mortgage package, you may have offset accounts set up that are linked to your home loan. Over the course of your loan, this feature may save you thousands of dollars and even enable you to pay off your home loan quicker.
If you are considered a ‘low-risk’ customer by the lender, you may be eligible for a professional mortgage package which can enable you to make major savings in your home purchase.
Are you legible for a professional mortgage package?
If you work in a field that is preferable to the eyes of the lenders, you may apply for a professional mortgage package.
Some of the preferred professions may include, but are not limited to:
Accountants
Actuaries
Auditors
Dentists
Geologists
Geophysicists
Lawyers
Energy Professionals
Engineers
Medical practitioners
Mining Professionals
Optometrists
Pharmacists
Quantity Surveyors
Resource Professionals
Surveyors
Veterinarians
Generally you would need to borrow in the amount upwards of $250,000. More discounts are made available with higher loan amounts, so it would benefit you more if you are looking to borrow a significant amount of money.
As industry insiders, we have access to rates from an entire panel of lenders, and we can make comparisons across a large section of the market. With so many choices of different offers from lenders, you may not realise there is a better product that you haven’t considered yet. Talk to us today to consider your best options with the most up-to-date offers from various lenders.
Generally you would need to borrow in the amount upwards of $250,000. More discounts are made available with higher loan amounts, so it would benefit you more if you are looking to borrow a significant amount of money.
We are here to help you make the best decision
If you have questions regarding a professional mortgage package, you can always contact us for a thorough explanation about its benefits, requirements, and whether it’s the best option for you.