Are you a Doctor on the hunt for a new home loan? If so, you want to make sure to take advantage of the professional packages that many banks offer.
These packages can offer some fantastic benefits for homeowners who are looking to save money in the long run.
Professional packages are specially designed home loan packages that are targeted towards professionals, such as doctors, lawyers, and accountants. They are designed to provide a range of benefits, including discounted interest rates, waived fees, and other perks.
Well, firstly, you can often enjoy a lower interest rate compared to regular home loan options. This can save you a large amount of money over the life of your loan, especially if you're planning on staying in your property for a long time.
Additionally, professional packages may come with other money-saving benefits, such as waived application fees, LMI, valuation fees, and other charges. This can really add up and help you save a significant amount of money on upfront costs.
Another great thing about professional packages is that they often include additional features that can help you manage your loan more effectively. For example, your offset percentage could be greater than normal accounts, which can help reduce the amount of interest you need to pay on your loan. Or, you might be able to take advantage of a redraw facility, which allows you to access any extra payments you've made on your loan if you need some extra cash.
In general majority of the bigger banks offer these professional packages.
However this is something where the specifics will be worked out with your mortgage broker. If you are looking for mortgage brokers specialised for Doctors contact us and will put you in touch with the best in the market
