Home Loans for Psychologists
Award Winning Mortgage Brokers For Psychologists
How We Save Psychologists $80,000 On Average
We Help Psychologists Access Special Home Loan Discounts Below The Advertised Interest Rate
Specialist Interest Rates for Psychologists
We negotiate a special ‘Psychologists Only‘ rate for you, backed by a 98% approval rate. No matter your financial circumstances, we will find your best options as a psychologist within just 24 hours.
Waived LMI for Psychologists
Say goodbye to paying for lender’s mortgage insurance (LMI). We save psychologists an average of $16,500 on just LMI! We also waive all loan set-up costs, passing on more massive savings to you.
We Cover Annual Loan Fees for Psychologists
We’re so confident with our offering for psychologists that we pay your annual loan fees! This applies for all home loans above $500k, saving you an additional average of $11,850 over the lifetime of your loan!
Cash Back Offers for Psychologists
Speak to one of our senior brokers now and get the best cash backs offered by Australia’s leading banks. Get up to $4,000 in cash back and save! Our brokers will find you the best deals in the market.
We Make Home Loans Easy For Psychologists
Make An Enquiry
Enquire between 8am to 8pm, Monday to Sunday and we call you back within 5 minutes. Our brokers work around the clock to help you!
Speak With A Broker
We assess your situation, negotiate rates, screen lenders and present you with your best options. We are with you every step of the way!
Loan Approved
You pick the best option that suits you and we get your home loan formally approved! We make the whole home loan process easy!
Our Lenders
We Get Tough Home Loans Approved for Psychologists
We’re your first and last mortgage brokers. Our psychologists mortgage specialists are the people who get called when no other broker can get a loan approved.
Our senior brokers have extensive experience working in major Australian banks as the people who approve or decline loans. In other words, we know what the banks are looking for when it comes to getting any home loan approved for psychologists.
Each of our senior brokers are ranked amongst the top 100 brokers in Australia. This means that no matter who you speak to at our brokerage, you’re speaking with the best in the industry.
Speak to one of our senior brokers today and we’ll present you with your best options moving forward!
Psychologist Home Loan FAQs
No LMI Home Loans for Psychologists
Therapy sessions and mental health consultations greet you as a psychologist almost every day. Psychologists like you deeply understand human behaviour, the human mind, and the intricacies of emotional well-being.
Moreover, it’s equally important to channel that expertise into shaping your financial future—particularly for homeownership. You are the experts in mental well-being, and we are the experts in psychologist home loans.
Traditional home loans may not acknowledge the expertise, unique financial situation, and long-term potential for income stability of psychologists. That’s where home loans for psychologists come into play.
Talk about tailored and flexible mortgage programs designed for mental health professionals. You won’t need to explain your financial situation and career to your lender every time!
By partnering with a mortgage broker for psychologists, you can access exclusive benefits and finance solutions that resonate with your unique needs. We can even negotiate LMI waivers not available to most customers!
At Mortgage Pros, we help Australian psychologists pursue their dream homes without the fluff and hassle. Reach out to us today, and let’s discuss your financial situation and whether you qualify for up to 90% LVR home loans without Lenders’ Mortgage Insurance (LMI).
Do Psychologists qualify for 90% LVR with no LMI?
Yes! Psychologists and other medical professionals, such as doctors, can apply for 90% home loans and skip the hefty LMI premiums.
We acknowledge the unique needs and financial situation of medical professionals. That’s why it’s crucial to have a lending solution that complements your situation, lifestyle, and long-term goals.
We have a panel of major banks and lenders offering tailored home loans for health professionals. Whether you are a new graduate starting your medical career or an experienced psychologist looking to take root near your clinic, we have solutions for your needs.
Why are Psychologists eligible for waived LMI fees?
Say you’re a psychologist who wants to buy a $1,000,000 property near your clinic. A 90% LVR home loan gives you $900,000 in finance plus LMI premiums.
Lenders’ Mortgage Insurance, or LMI, is an insurance that protects your lender if you default on your home loan. They typically charge LMI for home loans higher than 80% LVR if you can’t make the 20% deposit.
LMI fees will vary depending on these factors:
- Total loan amount
- Loan-to-Value Ratio (LVR)
- Initial deposit amount
- Other loan policies unique to your chosen lender
Your current work, job security, income, and experience impact your strength and eligibility to skip LMI premiums.
Furthermore, we’ll also explore different home loan packages offering LMI discounts and lower interest rates. But in most cases, allied health professionals and psychologists are seen as low-risk borrowers and may qualify for an LMI waiver.
I’m Not a Psychologist. How do I qualify?
We have 40+ banks and non-bank lenders that offer LMI-free loans for high-income allied health professionals. Skipping LMI fees can save you upwards of $1000 if you provide proof of stable income.
Leave the loan application and negotiation to us. You can call us at 1300 030 388 today to discuss your financial situation to discover whether you have enough deposit to become a strong borrower.
You can also explore other options and apply for family guarantee home loans or First Home Guarantee (FHG). Consult with our specialist mortgage brokers and discuss which home loan solution fits your needs.
I’m eligible and want to apply. Is there a catch?
Most banks and lenders will have varying loan rates and packages for psychologists. Some offer lower rates at the expense of a higher deposit or provide LMI waivers for a higher interest rate.
Our list of 40+ Australian banks and lenders ensures that we know it all and can recommend the best deals!
We don’t limit our choices to two or three home loan options. You can pick from 10 to 40+ home loan solutions with our psychologist mortgage brokers and find one that best suits your needs!
Get a home loan for professionals by professionals. At Mortgage Pros, we’ll discuss all loan conditions and limits on the LMI-free home loan that you choose.
Our team leaves no stone unturned in leading you closer to your dream home. We know which home loan solutions work and will ensure you’re not left in the dark.
Do LMI-Free Home Loans come with loan features?
Flexibility is crucial for psychologists applying for home loans. Better yet, skipping LMI fees doesn’t rid you of helpful home loan features!
As with a regular home loan, you can access standard features for psychologist home loans. These packages and solutions offer flexible payment options and efficient loan management, including:
- Fixed-rate loan period
- Credit card with ongoing fee waived
- Variable-rate loan period
- Interest-only period
- Loan offset accounts
- Separate lines of credit
- Split loans
- Redraw
Let’s discuss your financial situation at 1300 030 388, and tell us how and when you want to purchase your dream home. Being a psychologist and a future homeowner can be nerve-wracking. But our specialist mortgage brokers at Mortgage Pros will ensure you’re focused on the right path.
Why Aussie Psychologists Are Choosing Mortgage Pros
- We’ve worked in the banks as the people approving and declining loans so know how to get your loan approved.
- Leverage our premium broker status and get faster turnaround times & cheaper interest rates.
- We have access to special divisions of the major banks not available to the general public.
- We hold your hand the entire way. We’ll keep you updated and walk you through the whole process.
- Trained some of the most knowledgeable mortgage professionals in the industry.
- Multi award winning mortgage brokerage with all brokers amongst the top 100 mortgage brokers in Australia.
Our Mortgage Specialists For Psychologists
We negotiate the best home loan rates for Psychologists
Russell Munfaredi
Managing Director / Owner
Eric Yeo
Senior Mortgage Broker
Peter Ha
Senior Mortgage Broker
