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Home Loan for Medical Professionals

Industry Specialisation and Medico Policies

Customers that fall within the Medico Sector and Industry Specialisation Policy have benefits like;
– Up to a maximum LVR of 90% may be approved without the need to obtain mortgage insurance
– Evidence of 5% genuine savings is not required when mortgage insurance is not required

Medico sector policy

Included Medical Professions:
•General Practitioners
•Hospital-employed Doctors (Intern, Resident, Registrar, Staff Specialist)
•Medical Specialists
•Dentists
•Veterinary Practitioners
•Optometrists
•Pharmacist

Industry specialisation policy

Included Professions:
•Accounting
•Legal
•Mining, energy and resources

Maximum LVR of 90% may be approved without the need to obtain mortgage insurance, and Genuine Savings: confirmation and validation of 5% genuine savings is not required for applications whereby mortgage insurance is not required.

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