Home Loans For Speech Pathologists

Fast No LMI Home Loans for Speech Pathologists

Speech pathologists play a critical role in determining early signs of language and communication disorders among children and assessing similar diagnoses in adults. With so much time on your hands treating and consulting with patients, JFS Financial Strategists are here to take care of your financial life as much as you care for your patients.

We have worked with many speech pathologists who were approved for as much as 90% loan to value ratio (LVR) home loans and saved thousands from paying LMI premiums.

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

Our partner banks offer up to 90% LVR home loans for speech pathologists and will even waive LMI fees depending on your income level and borrowing power. 

Why Do Banks Waive LMI for Speech Pathologists?

Banks usually won’t approve high-risk applications without additional protection through a third-party insurance provider. That’s why they will require lenders’ mortgage insurance (LMI) fees for loans of more than 80% LVR.

However, speech pathologists are seen as low-risk customers with reliable income sources. You can then apply and get approved for 90% LVR loans and save from LMI fees since banks are confident that you won’t easily default on the loan.

Can I Still Waive LMI Fees if I’m Not a Speech Pathologist?

Other medical professionals can still waive their LMI fees if they can prove a stable income. Our partners, ANZ and Commercial Bank offer up to 90% no LMI home loans for allied health professionals, particularly speech pathologists.

Reach out to us now to discover how you can qualify and save up from LMI fees as a speech pathologist or other medical professional.

Are There Conditions When Applying for No LMI Loans?

LMI-free home loans have specific conditions and LVR limits depending on the bank/lender. With JFS Financial Strategists, we’ll take you through different lending options from all banks offering home loans for speech pathologists – all without paying LMI fees.

That way, you can shop for your desired home loan without hopping from one bank to another. Feel free to contact us today and we’ll discuss your home loan options as well as their respective LVR limits and lending conditions.

Which Loan Features Can I Get With LMI-Free Home Loans?

Speech pathologists who opted for no LMI home loans will still get standard loan features and packages even with LMI waived on your home loan. That includes:

• Variable-rate loan
• Fixed-rate loan
• Interest-only payment
• Offset accounts
• Lines of credit
• Split loans

Contact us today, and we’ll gladly discuss your financial position and introduce home loan packages that suit your needs as a speech pathologist and a home buyer.

We’ll take care of the financial aspect so you can focus more on your work and passion.