FINANCE FOR MEDICAL PROFESSIONALS

If you’re a doctor, dentist or allied medical professional, we can structure finance to suit your unique needs.

YOU COULD ALSO ENJOY SAVINGS AND ACCESS SPECIAL BENEFITS ON YOUR LOAN

At Auswide Bank, we appreciate your professional standing.

So in recognition of your dedication and the stability of your profession, we've developed a specialised approach when considering lending to you and your fellow medical professionals.

In fact, our approach means you may be eligible for huge savings on your new loan or when you refinance your loan to us.
Some benefits which may be available to you as a medical professional include:

  • Borrow up to 90% of the purchase price/valuation with no requirement for Lenders Mortgage Insurance -  giving you up-front saving of thousands of dollars^
  • Discounted interest rates and savings on fees & charges
  • 100% offset on your choice of variable or fixed interest rates.
  • Access to specialised loan products such as a global portfolio facility limit where you can manage your loans under one umbrella
  • First home owner's ability to borrow up to 100% of purchase price using a Family Pledge by way of additional security offer
  • Access to a specialised lender who is familiar with the needs and financial structures of the medical fraternity

Subject to you meeting our other approval  criteria, these special benefits are available to:

  • General Medical Practitioners
  • Hospital employed Doctors (Intern, Resident, Registrar, Staff Specialist)
  • Medical Specialists
  • Dentists
  • Veterinarians
  • Other Medical Professionals on a case by case basis.

Of course, just like reviewing a patient's medical history when diagnosing a patient, each application is considered on a case-by-case basis and Auswide Bank will need to review your financial situation before providing you with an LMI waived mortgage offer or these special benefits. We will also seek confirmation of your employment as a medical practitioner and evidence of certain insurance covers being in place prior to approving your loan.

These special benefits may be available for applications in either the Medical Professional's own name, or in the name of related companies or trusts provided direct ownership and/or directorship by the applicant is evident. Eligibility is not dependent upon all borrowers being employed as an eligible Medical Professional.

Auswide Bank can also help you with your business banking needs and with business support services such as commercial leasing for medical, dental, computers & office equipment

To find out more about the benefits of finance through Auswide Bank, please contact our Medical Professional Lending Specialist, Dianne Clancy on Mobile: 0429 550 410 or dclancy@auswidebank.com.au.

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Please note: Any special finance benefits which may be available to Medical Professionals are limited to direct applications from Medical Professionals to Auswide Bank Specialist Lending. The benefits are not available through accredited mortgage brokers or to ‘broker introduced’ customers. Limitations apply. Any special benefits may be withdrawn or changed for new credit applications without notice.

This information is a summary of features & benefits only. This is not an offer to lend - credit assessment criteria, terms and conditions & fees and charge apply - full details on application. Loans are only available to approved applicants offering security in approved property in Australia. Prior to entering into a credit contract with us you should read our Credit Guide.

^Deposit criteria may vary depending on the location and type of property being used as security.