Medico home loans are available to eligible medical professionals where an eligible applicant may be able to borrow up to 90%, and possibly up to 95% of the purchase price of a property without paying a lenders mortgage insurance premium. This could potentially save thousands of dollars having the lenders mortgage insurance premium (LMI) waived under a Medico home loan. The property purchase could be for owner occupied or investment purposes as well.

All banks and lenders have different specialist medical occupations that eligible for a Medico LMI waiver home loan. Some banks may also have minimum income requirements, so it is important to seek some information from a mortgage broker, to see what options maybe available to you to help make an informed decision.

Some of the eligible Medico professions which maybe eligible for a Medico LMI waiver home loan may include, but not limited to -  

• Anaesthetist
• Cardiothoracic Surgeon
• Clinical Pharmacologist
• Cosmetic Surgeon
• Dentist
• Dermatologist
• Ear and Throat Surgeon
• Emergency Surgeon
• Endocrinologist
• Gastrointestinal Surgeon
• Gastroenterologist
• General or Medical Practitioner
• Gynaecologist
• Haematologist
• Hepatologist
• Immunologist
• Nephrologist
• Neurosurgeon
• Neurologist
• Obstetrician
• Oncologist
• Ophthalmologist
• Optometrist
• Oral and Maxillofacial Surgeon
• Orthopaedic Consultant
• Otolaryngologist
• Paediatric Surgeon
• Pathologist
• Plastic Surgeon
• Podiatrist
• Psychiatrist
• Radiologist
• Reconstructive Surgeon
• Respiratory or Thoracic Surgeon
• Urologist
• Vascular Surgeon
• Pharmacist
• Veterinarian
• Registered Nurses
• Registered Midwives

If you would like some more information about Medico Home loans, to see if you may qualify, please contact Perth Mortgage Broker Group, or call Troy on 0411 229 602, 7 days a week