EXPENSIVE INSURANCE COSTS
Crunching the numbers can be difficult for the best of us
Funds contribution is a crucial factor toward home purchase costs
At the moment Eligible Medical Professionals can apply for new or increased lending with an LVR of up to 95% without the requirement for Lenders Mortgage Insurance (LMI).
Registration must be verified on the Australian Health Practitioner Regulation Agency (AHPRA) website or relevant veterinary board.
Eligible Medical Professions:
?Medical Practitioner
?Dental Practitioner (division must be ‘dentist’)
?Specialists (Eligible specialists as identified in AHPRA as: Profession: Medical Practitioner
Registration Type: Specialist)
?Physiotherapist
?Chiropractor?
?Optometrist
?Vets
It wouldn't be appropriate measuring potential savings here for home buyers in the hundreds or thousands of dollars. The most appropriate form of measurement for savings here is in the tens of thousands of dollars