Medical Pro Lending

Medical Pro Lending Specialist finance for medical professionals

25/11/2024

Here’s a surprising home loan fact for anyone with a HECS debt:
Banks don’t care about the size of your HECS debt. What they really focus on is your repayment amount.

And guess what?

That’s entirely based on your income.

Let’s say you’re earning $70,000 with a $50,000 HECS debt. Your repayment will be $1,750.
Boost that income to $100,000, and your repayment rockets up to $5,500—even if your HECS debt is $150,000.

It’s all about what’s coming out of your pay packet, so keep that in mind when planning your next property purchase.

21/10/2024

Two reasons your home loan borrowing power might have gone up lately:

✅ Some banks are dropping their interest rates, which gives you a little more breathing room when they assess your loan application.

✅ The Stage 3 tax cuts have come into effect, which means more take-home pay and a boost to your borrowing power.

It’s worth checking where you stand! Want to know how much you can borrow now? Book a free chat with us—link in the comments.

When will the RBA cut the cash rate?Let’s dive into what the Big Four banks are forecasting:ANZ: February 2025CBA: Novem...
07/08/2024

When will the RBA cut the cash rate?

Let’s dive into what the Big Four banks are forecasting:

ANZ: February 2025
CBA: November 2024
NAB: May 2025
Westpac: November 2024

Yesterday, the Reserve Bank of Australia (RBA) decided to keep the cash rate steady at 4.35%.

But RBA governor Michele Bullock has put a dampener on expectations for a rate cut anytime soon.

She mentioned that market predictions for a cut as early as November 2024 might be a bit premature, saying, "I think that expectations for interest rate cuts are a little bit ahead of themselves."

The RBA meets again on September 23 and 24. Stay tuned for more updates.

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03/08/2024

Do you think the RBA will raise the cash rate next week?
Comment with your predictions.

The number 1 mistake I see you making when applying for a home loan as a medical professional?Not leveraging your unique...
31/07/2024

The number 1 mistake I see you making when applying for a home loan as a medical professional?

Not leveraging your unique position.

Many lenders offer special deals for doctors and medical professionals, but they don't advertise them widely.

As a medical professional, you might qualify for discounts on Lenders Mortgage Insurance (LMI) or access to exclusive home loan products.

These benefits can significantly reduce your borrowing costs and make homeownership more accessible.

If you're unsure where to start, consult with a broker who specialises in loans for medical professionals. They can guide you through the process and ensure you’re getting the best deal possible.

05/06/2024

Do you want to fly business class but it’s too expensive? This hack could help you get in the air faster, enjoying luxurious comfort.

Sounds AMAZING right?

Well before you get too excited, watch this video.

Because if you’re looking to apply for a home loan or refinance your mortgage, you need to be aware of the potential impact this point hack could have on your home loan application.

Are you surprised by these property prices? Quick note, these prices are for all dwellings including units, not just sta...
23/05/2024

Are you surprised by these property prices?

Quick note, these prices are for all dwellings including units, not just stand-alone houses.

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15/05/2024

Did you know that your HECS debt can reduce how much you can borrow for a home loan?

Here's an example of just how much it could impact your borrowing capacity.

This is only a demo and outcomes will vary depending on the lender and your financial circumstances.

If you'd like us to calculate your borrowing power, book a free consult:
https://calendly.com/carl-57/phone-consultation-medical-professional-lending

Are you ready to build your property investment portfolio?If you're keen to learn how to get started - register for the ...
13/05/2024

Are you ready to build your property investment portfolio?
If you're keen to learn how to get started - register for the free 'Wealth Through Property' webinar.

⭐ 7 pm (AEST), Tues, 14 May ⭐
🔗 Link to register for free in the comments

Our partners Blue Wealth Property are hosting the webinar, they'll take you through:

✅ The benefits of property investment
✅ How to get started
✅ How much cash you'll need
✅ Understanding the market (including what influences the property market)

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Address

Benchmark Corporate Centre, Level 1, Suite 42/93 Wells Road
Kingston, VIC
3196

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 7pm
Friday 9am - 5pm

Telephone

+61397750532

Website

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