The home loan
benefits for medical professionals are unique and can be used as a tax benefit
for the borrower as well as the spouse. The borrower can qualify for the home
loan without meeting the basic income criteria.
Home ownership
isn’t just a great investment, it’s also something that most people see as a
necessity. In Australia, a majority of residents own their own home. However,
medical professionals often have trouble saving up enough for the down payment
and end up renting longer than they’d like to. This is because home loans often
offer more perks than you might realize, and you need to learn how to use them
to your advantage.
When you are a
medical professional, there are many benefits to consider if you are planning
to buy your own home. You will want to consider the entire cost of your
home and all of the things that go along with it. When you are purchasing
a home, you need to understand all of the costs and where your money will be coming
from.
Qualifying for
a mortgage in Australia can become very daunting if you have a low credit score
or have less than 20% deposit. Medical professionals in Australia are given
special consideration under the Australian home loan benefits for medical
professionals. These allow you to buy a property with a lower deposit. You may
be able to buy a property with as little as 5% deposit.
Here are the
main home loan benefits for medical professionals:
·
Zero
Down Payment Requirements
·
Borrow
Up to 90% of the Purchase Price
·
Discounted
Interest Rates
·
Fee
waivers
·
Higher
LVRs
·
Higher
maximum borrowing amount
If you are in
the medical industry and require expert Medical
Property Valuation advice in Melbourne, FVG
Property are specialists in assessing current market. Our dedicated team
undertake valuations of a range of assets including residential aged care
facilities, retirement villages, manufactured home estates, medical and
Healthcare Property.
No comments:
Post a Comment