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Medical professional package offer

27/2/2013

1 Comment

 
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The Commonwealth Bank is now offering a discounted professional loan package to an extensive list of medical professionals. The Medical Professional Offer extends a LMI/LDP waiver on loans with maximum LVR’s of less than 90%. These loans are subject to credit approval. This means that instead of requiring 20% deposit to avoid LMI fees, you only need 10% plus costs (less any FHOG bonus's!)

To be eligible for the Medical Professional Offer customers must be members of one of the selected medical associations and be employed in one of the defined medical professions. A concise list of eligible associations and professions is provided below. To be considered for the discounted professional package customers must meet these eligibility criteria.

The offer is available through a Mortgage Advantage Package (MAV) and is available on a range of products including standard variable rate loans, fixed rate loans, line of credit, 12 month discounted rate and 1 year guaranteed rate loans. To qualify the loan must be principal and interest, interest only loans do not qualify. The maximum loan value is $2 million and low doc loans are excluded from the offer.

Potential customers will need to provide evidence by way of membership with one of the eligible associations. Details of employment in one of the chosen medical professions will also need to be provided when applying. All applications are subject to credit approval.

An example of the savings are $8,290, where the home loan is $450,000 and the purchase price is $500,000, with one of our major bank lender used as an example

Approval is subject to Commonwealth Bank terms and conditions. Contact us today for further information on the CBA Medical Professional Offer and to find out if you qualify.

Eligible Professions
·       Anaesthetist
·       Cardio Thoracic Surgeon
·       Cardiologist
·       Clinical Pharmacologist
·       Cosmetic Surgeon
·       Dentist
·       Dermatologist
·       Emergency Surgeon
·       Endocrinologist
·       Gastro Intestinal Surgeon
·       Gastroenterologist
·       General Practitioner
·       General Surgeon
·       Gynaecologist
·       Haematologist
·       Hepatologist
·       Immunologist
·       Nephrologist
·       Neuro Surgeon
·       Neurologist
·       Obstetrician
·       Oncologist
·       Opthalmologist
·       Optometrist
·       Oral and Maxillofacial Surgeon
·       Orthopaedic Surgeon
·       Orthopaedic Registrars
·       Otolaryngologist
·       Paediatric Surgeon (Neonatal/Perinatal)
·       Pathologist
·       Plastic Surgeon
·       Psychiatrist
·       Radiologist
·       Reconstructive Surgeon
·       Respiratory/Thoracic Surgeon
·       Rheumatologist
·       Surgeons
·       Urologist
·       Vascular Surgeon
·       Veterinarian
* Approval is subject to Commonwealth Bank terms and conditions.
1 Comment
firefighter test link
17/4/2013 08:03:19 pm

Good Post! I liked the way you put together everything, there is certainly no need to go any further to look for any additional information. You mentioned each and everything that too with much of ease.

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Eligible Associations
·       Australian Veterinary Business Association
·       Australian Association of Practice Managers
·       Australian Veterinary Association (full member)
·       Australian Dental Association (ADA)
·       Australian Medical Association (AMA)
·       Optometrists Association Australia
·       Urological Society of Australia and New Zealand (USANZ)
·       The Australasian College of Cosmetic Surgery (ACCS)
·       Royal Australasian College of Surgeons (RACS)
·       Royal Australian College of Physicians (RACP)
·       Royal Australasian College of Dental Surgeons (RACDS)
·       Australasian College of Dermatologists (ACD)
·       Australasian College for Emergency Medicine (ACEM)
·       The Royal Australian College of General Practitioners (RACGP)
·       The Australia and New Zealand College of Anaesthetists (ANZCA)
·       Royal Australasian College of Medical Administrators (RACMA)
·       Royal Australian and New Zealand College of Obstetricians and Gynaecologists (RANZCOG)
·       Royal Australian and New Zealand College of Ophthalmologists (RANZCO)
·       Royal College of Pathologists of Australasia (RCPA)
·       Royal Australian and New Zealand College of Psychiatrists (RANZCP)
·       The Royal Australian and New Zealand College of Radiologists (RANZCR)
·       Australian College of Rural and Remote Medicine (ACRRM)
·       College of Intensive Care Medicine of Australia and New Zealand (CICM)
     

    Author

    Liz Wilson has been working in finance for nineteen years now. She regularly blogs on industry topics and here you will find over a hundred personally written blog topics and case studies...

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