Finance focus Friday with George.

Hey everyone! Today, I’m working remotely from my office in Brisbane, and with Cyclone Alfred making its way towards us, we’re already seeing parts of the Gold Coast losing power. I hope everyone stays safe and prepared as we head into the weekend!

As I wrap up another busy week, I want to take a moment to give a massive shoutout to all the Professionals out there! Did you know that certain professions qualify for an owner-occupied home loan with just a 5% deposit—without paying Lenders Mortgage Insurance (LMI)? This could save you thousands of dollars, making homeownership more achievable than you might think!

Who Qualifies?
The LMI waiver applies to a range of professionals, including:

University-Degree Qualified Professionals:
Medical & Allied Health – Doctors, Dentists, Pharmacists, Physiotherapists, etc.
Legal – Lawyers, Barristers, Solicitors.
Finance & Accounting – Accountants, Auditors, Financial Planners.
Engineering & IT – Software Engineers, Civil Engineers, IT Specialists.
Senior Managers & Executives.

Essential Workers:
State or Federal Police Officers
Permanent Full-Time Firefighters
Qualified Paramedics
Primary & Secondary School Teachers (GPS & Public Schools)
Registered Nurses

If you’d like to check your borrowing power or need expert guidance on securing a home loan with these benefits, my team and I are here to help. Let’s have a chat and see what’s possible for you!

Call: 0403 765 388
Email: george@gdpwealth.com.au

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