OfferEligible medical professionals may avoid LMI on qualifying home loans

LMI waiver for eligible medical professionals

at Suncorp Bank · Sydney

Details.

Eligible medical practitioners registered with AHPRA may qualify for a Lenders Mortgage Insurance waiver on an eligible Suncorp Bank home loan. At least one borrower must be an eligible medical practitioner with current generalist or specialist AHPRA registration. The loan amount must be between $250,000 and $1,500,000, the loan to value ratio must be between 80.01% and 90%, and the loan must be for the purchase or refinance of residential property for owner occupied or investor purposes with principal and interest repayments. Total borrowings originated under the offer must not exceed $1,500,000. Pre-approvals, bridging loans, construction loans and refinances of an existing Suncorp Bank home loan are ineligible. Applications are subject to credit approval, and fees and charges may apply. Suncorp Bank reserves the right to vary, amend, extend, cancel or withdraw the offer at any time without notice.

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