Home Loans for Physiotherapists
Physiotherapists are highly regarded healthcare professionals, and as such, they often qualify for special benefits when applying for home loans. Due to their stable career path and consistent income, many lenders offer favourable loan terms to physiotherapists, recognising them as low-risk borrowers. One of the most significant benefits they receive is the potential for Lenders Mortgage Insurance (LMI) waivers, even when they haven’t saved the standard 20% deposit. This can save physiotherapists tens of thousands of dollars, making homeownership more accessible and affordable.
In addition to LMI waivers, physiotherapists may also benefit from higher borrowing capacities and reduced interest rates, depending on the lender. These advantages are not only applicable to purchasing a home but also to expanding an investment property portfolio. Lenders see physiotherapists as financially secure due to their reliable income streams, and this trust translates into more flexible borrowing options, making it easier for them to build wealth through property without the usual hurdles faced by other professions.
Speak to an Expert and
Get Your Mortgage Approved
To get started on your journey of securing a home loan, fill in the form below, and an experienced mortgage broker will contact you about your personal situation. You can also call us directly on (02) 9188 9398.
How Much Can Physiotherapists Borrow?
Borrow up to 95% of the property value with NO LMI
Physiotherapists in Australia can borrow up to 95% of a property’s value while avoiding Lenders Mortgage Insurance (LMI). This is a particularly attractive option for physiotherapists, especially those entering the property market for the first time, as it allows them to secure a home without needing a full 20% deposit. By bypassing the cost of LMI, physiotherapists can save tens of thousands of dollars, making it easier and more affordable to achieve homeownership.
Waiving LMI also benefits physiotherapists looking to expand their investment property portfolios. With the ability to borrow up to 95% of a property’s value, physiotherapists can leverage the equity in their existing property to invest in additional real estate without the need for a large upfront deposit. Most lenders that waive LMI for physiotherapists do not impose minimum income requirements, making it accessible even to those early in their careers, providing flexibility and opportunities to build long-term wealth through property investments.
Which Professions are Eligible?
All types of medical professionals are eligible for home loans with waived LMI, including:
- Physiotherapists
- Doctors
- General Practitioners
- Specialists
- Surgeons
- Anaesthetists
- Radiologists
- Oncologists
- Interns
- Residents
- Dentists
- Registered Nurses
- Optometrists
If you are unsure whether you are eligible, contact us and we can help you with your situation. Even if you do not qualify for a home loan with waived LMI, we can help you find the best mortgage for your needs.
Important Info about
Home Loans for Physiotherapists
How Much Money Do I Save?
By avoiding LMI, you save tens of thousands of dollars, but the exact amount will depend on various factors including your loan amount and the LVR. We have found that most physiotherapists secure loans with 95% LVR, so we have included a table below with the estimated LMI savings based on different property values and 95% LVR.
Property Value | Loan Amount (95% LVR) | Lenders Mortgage Insurance Saved LMI Saved |
|---|---|---|
$500,000 | $475,000 | $15,752 |
$750,000 | $712,500 | $30,394 |
$1,000,000 | $950,000 | $38,739 |
$1,250,000 | $1,187,500 | $52,985 |
$1,500,000 | $1,425,000 | $63,724 |
$1,750,000 | $1,662,500 | $81,249 |
$2,000,000 | $1,900,000 | $92,967 |
$2,250,000 | $2,137,500 | $109,976 |
$2,500,000 | $2,375,000 | $122,286 |
$2,750,000 | $2,612,500 | $134,596 |
$3,000,000 | $2,850,000 | $146,906 |
$3,500,000 | $3,325,000 | $171,483 |
$4,000,000 | $3,800,000 | $195,980 |
$4,500,000 | $4,275,000 | $220,478 |
$5,000,000 | $4,750,000 | $244,975 |
We Help Physiotherapists with their
Home Loans
At Eden Emerald Mortgages, we deliver a superior lending experience by combining deep industry knowledge, effective communication, and genuine care, while helping physiotherapists buy property.
With over 40 years of collective expertise, our team offers competitive rates and a broad array of No LMI loan products through a strategic network of over 40+ lending partners for residential borrowers.
What We Offer
Why Choose
EE Mortgages?
Eden Emerald Mortgages is the #1 mortgage broker in Sydney, as rated by the Canberra Times. Our team specialises in mortgages for physiotherapists and we have particular expertise with high LVR loans with No LMI. We have been in business since 2007 and secured hundreds of loans for physiotherapists. We offer our friendly, personalised services and advice at no cost at all, with no obligation to continue with us.
Get in touch, and an expert will call you back
- We partner with over 40+ lenders to find you the best rates on your home loan, with up to 100% LVR and No LMI
- Receive free friendly and personalised support from our experienced team, with no obligation
- We have been in business for over 17 years and we know physio home loans better than anyone else
- 100% free service with no hidden fees
What Our Customers Say
Since Eden Emerald Mortgages began operations in 2007 we have helped thousands of Australians secure a mortgage. See what some of our satisfied customers say about us below.
Useful Calculators
Everyone's financial circumstances are different, which is why it is hard to know how much you can borrow or what price range to start house hunting. At Eden Emerald Mortgages, we offer free calculators that can assist you whether you are buying a new home or refinancing an existing property. Our most popular calculators are listed below, and you can see the full range of calculators here.
Frequently Asked Questions
Eden Emerald Mortgages does not charge any fees to you for using our services. From your first call to the settlement date of your property, there are no costs involved!
If you would like to book a free appointment with us, simply call us on (02) 9188 9398 or leave us a message via the Contact Form.
Eden Emerald Mortgages has embraced technology, making it much more convenient for you to speak with us. We can communicate via phone, email and video call to eliminate the need for you to meet in person. If it is more convenient for you, we can complete the whole home loan process online.
EE Mortgages has access to more than 40+ lenders including the big 4 banks and various 2nd tier lenders. We have close relationships with our partners which enables us to negotiate the best rates for your home loan.
We pride ourselves on being efficient and quick with our services, and pre-approval can be received in 24 hours depending on the lender of choice. This is also dependant on whether you have all your documents in order. It is a good idea to allow up to 5 business days for pre-approval of your home loan.
We can help you determine your borrowing capacity after we ask you some questions and receive financial documents. In the meantime, you can estimate the amount you can borrow using our borrowing power calculator.
Speak to an Expert and
Get Your Mortgage Approved
To get started on your journey of securing a home loan, fill in the form below, and an experienced mortgage broker will contact you about your personal situation.
Contact Info
Address: Level 5, 20 Bond Street, Sydney, NSW, 2000, Australia
Phone: 02 9188 9398
Email: [email protected]
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