Home Loans For Radiographers

No LMI Home Loans for Radiographers

Like any allied health professional, radiographers are always busy aiding patients behind x-ray machines, CT scanners, and medical imaging devices for hours.

With only so much free time on your hands, JFS Financial Strategists will take care of your financial endeavours, so you can focus on more important medical work.

Our brokers and strategists have helped radiographers get approved for as many as 90 LVR home loans with no LMI to finance their dream home.

What Is the Maximum LVR I Can Get Without Paying LMI as a Radiographer?

Radiographers are fully eligible for up to 90% LVR home loans and waive their LMI fees. ANZ and Commonwealth bank offers no LMI home loans for radiographers.

Why are Radiographers Eligible to Waive LMI Fees?

Lenders usually require LMI premiums for higher than 80% home loans to protect the bank from higher financial risk.

Since high-risk borrowers have more chances of defaulting on the loan, the bank’s insurance provider will protect the bank by reimbursing any losses after selling your loan security at a loss.

However, banks perceive radiologists as stable income earners and therefore have lower risks of defaulting on the loan. That’s why you are eligible for LMI waivers on high-LVR home loans.

I’m Not a Radiographer. Can I Still Apply for No LMI Loans?

Definitely. Our partner banks offer as much as 90% no LMI home loans for other allied health professionals as long as you can prove that you have a stable income.

Feel free to contact us today, and we’ll let you know if you are fully eligible for 90% LVR home loans and waive your LMI fees as a Radiographer or other medical professional.

Should I Be Aware of Any Conditions Before Applying?

Many banks have specific home loan conditions for medical professionals, particularly radiographers. JFS Financial Strategists accommodates all banks offering home loans for radiographers without LMI – so you’re not limited to one or two loan options only.

Our team will take you through several home loan rates and discuss which one best complements your financial, occupational, and personal goals.

We will also let you know about any conditions and limits on your chosen LMI-free home loan as set by your bank.

What Loan Features Will I Get With LMI-Free Home Loans?

After waiving LMI on your home loan, you can still get standard loan features and opt for loan packages that you need, such as:

• Fixed-rate loan
• Variable interest rate loan
• Loan offset accounts
• Interest-only period
• Lines of credit
• Split loans

Speak with us today, and we’ll take you through different home loan options, so you’ll know which one works best for your needs as a radiographer and a home buyer.