Yes, if you are able to tick the following, an Australian Citizen or hold a permanent residency Visa, Industry Sector, Occupation Qualifications, Income requirements and importantly meet the proposed lenders eligibility for Industry Sector Policy requirements you may be eligible to receive a discount on your mortgage interest rate and/or even pay No Lenders Mortgage Insurance Premium up to 90% of the purchase of your new home, investment property or refinancing your existing mortgage from one of our lenders.
A majority of lenders prefer to lend to professionals or specialist individuals for the main reason, they are lower risk borrowers with great income security in their specialised fields of practice.
If your profession is one of the following, an;
Actor or Actress,
The successful way to maximise the most achievable interest rate discount and/ or pay No Lenders Mortgage Insurance is to know which lender prefers which industry professional type. For example, from the list of lenders that offer these professional loans, all lend to Medicos (Medical Specialist) however, a few will only lend to other types of professionals, who are higher income earners, have a strong credit profile, offer better comfort to lenders tend to purchase more than one property, therefore lenders offer incentives on interest rates and from time to time the lender will absorb the lenders mortgage insurance premium to secure these professions long term business.