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Quote Me Now!Has anybody told you that your career could actually qualify you to save thousands of dollars, even tens of thousands in costs to buy your first home? Medical Practioners on the list below can qualify for that very special offer for First Home Buyers, even if the first home is an investment property.
If you’re a first home buyer, and you don’t have the 20% deposit that the banks want, you’ll get hit with a nasty bank bill called “Lenders Mortgage Insurance”. As a Doctor, we have a bank backed offer that can save you that cost, and you will only need a 10% deposit.
I recently drew up a budget for an eligible client, for her first home, a unit in Sydney worth $400,000, where the loan amount was $360,000. Normally this client would have to cover $6,356 in lenders mortgage insurance fees, however, as they worked within an eligible medical field, I was able to get this fee waived in full.
Add to that, the fact that first home owners can qualify for the nil stamp duty benefits, and are likely eligible for the governments $7,000 First Home Owners Grant, first home buying really doesn’t get much easier.
To find out more about our free broking service, and how to get this offer, contact the director Liz Wilson at liz@fatfinance.com.au or 1300 780 826.
Liz Wilson, is a two time Winner of the Australian Mortgage Awards and specializes in lending for medical practitioners.