Medico Finance

Discussion in 'Loans & Mortgage Brokers' started by propernewb, 10th Sep, 2017.

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  1. propernewb

    propernewb Well-Known Member

    Joined:
    6th Sep, 2015
    Posts:
    306
    Location:
    NSW
    Hi All,

    I've been looking over some of the deals available to medicos - no LMI, up to 100% for PPOR etc. Can anyone recommend a particular financier? Are there any pitfalls that I need to be aware of with these sort of deals?

    Cheers
     
    propernewb, 10th Sep, 2017
    #1
  2. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    27,245
    Location:
    Sydney or NSW or Australia
    Consider using a broker.
     
    Scott No Mates, 10th Sep, 2017
    #2
  3. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

    Joined:
    14th Jun, 2015
    Posts:
    10,648
    Location:
    Gold Coast (Australia Wide)
    depending on borrower needs ANZ is sweet at 90 % with IO to boot if that PPOR will become a future IP......

    Higher LVRs BOQ specialist can fulfil

    ta
    rolf
     
    Rolf Latham, 10th Sep, 2017
    #3
  4. Marty McDonald

    Marty McDonald Mortgage broker Business Member

    Joined:
    22nd Jun, 2015
    Posts:
    880
    Location:
    Sydney North Shore and Norther beaches
    CBA, westpac, St george and Macquarie also offer the 90% option. BOQ for 100% with catches such as higher repayments required to get LVR down quickly..
     
    Marty McDonald, 11th Sep, 2017
    #4