Why use LoanCaddie?
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We understand your situation: locums, rights to private practise, HECS debt, VMO, sole trader GP billings, public hospital salary packaging and busy schedules.
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We have access to competitive preferential interest rates for medical professionals (not available to the public).
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We're accredited with private banking and health business banking departments. You could be eligible for:
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dedicated private banker relationships and privileges; and
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more flexible and tailored credit policies.
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Borrow up to 97% of the purchase price with lenders’ mortgage insurance (LMI) waivers. (But you already knew that one!)
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We can deal with company and trust ownership structures.
Examples of who have we helped
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Emergency doctors with multiple locum roles
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GPs with mulitple practices
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Financing the purchase a dental business and equipment
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Specialists with rights to private practise income
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Pharmacists requiring a LMI waiver
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Nurses requiring a LMI waiver
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Bridging loans
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Doctors on maternity/parental leave
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Junior doctors / Registrars
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Visiting Medical Officers
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Surgeons wanting to implement debt recycling
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Maximising borrowing capacity of a doctor with shared liabilities
Our Process
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Consultation – We discuss your financial goals and mortgage options.
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Loan Selection – We present tailored loan solutions from our network of lenders, leveraging our relationships with private bankers and health business bankers to secure the best options.
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Application & Approval – We handle the paperwork and liaise with the lender for a smooth approval process, ensuring minimal time investment from you.
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Settlement & Beyond – We support you through settlement and provide ongoing interest rate monitoring, so you can focus on your busy schedule.
All of this can be done over the phone and securely online.
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