If you need predictable costs, a fixed rate financing locks in your interest getting a set period (normally step one-five years). This provides health care gurus stability within monthly repayments, ideal for those people attempting to finances without worrying on the rates change.

Guarantor Funds

Having health care gurus whom will get have a problem with a deposit or credit background, a beneficial guarantor financing allows a close relative to give their residence due to the fact safeguards. This should help you acquire a lot more otherwise end LMI, making it easier to get into the new Melbourne possessions field.

Government-Aided Mortgage brokers

The home Make certain Program allows eligible healthcare workers to shop for a good possessions having as little as 5% deposit, towards regulators within the LMI.

Money spent Fund

Of several healthcare gurus inside Melbourne are looking past homeownership and you will for the property capital. Investment property fund promote aggressive interest levels and flexible terms to possess pros seeking generate riches owing to property, with taxation gurus that affect local rental earnings and you may financing focus. Continue reading →