When it comes to accelerating wealth and lifestyle creation, access to capital and the wise use of it is key. Regardless of whether you are a specialist consultant or a general practitioner, you automatically qualify for a number of policy benefits when it comes to borrowing because of your qualifications.
The main preferential borrowing policies are:
- Lenders Mortgage Insurance Waiver – Lenders mortgage insurance (LMI) normally applies when you borrow in excess of 80% of the property value. As a medical doctor we are able to secure a waiver of this fee in most cases.
- Interest Rate Reduction – As a doctor we can secure discounted interest rates, particularly if you are borrowing over $1 million.
While these benefits may be attractive by themselves, we understand that as a busy professional you are unlikely to have the time to consider these, or the associated time consuming application and approval negotiation process. Cashel Family Office will look after this process for you.
Included in our mortgage brokering and financial planning process is:
- Sourcing supporting documents from you, your accountant, practice manager, and lawyer
- Providing structuring advice for how and in what structures you should borrow through
- Negotiating preferential borrowing terms for residential, investment, business and lifestyle assets
- Managing settlement, and
- Ongoing review.
As a member of Cashel Family Office, you can consider us to be your family office. Providing a superior unbiased alternative to general private banking options.
Should you wish to discuss further please contact us below.