I’m A Lawyer
Lawyer-Specific Loans
Unlock Exclusive Home Loan Benefits for Lawyers
As a legal professional, your expertise and earning potential make you a prime candidate for home loans designed specifically for lawyers. These loans come with benefits that reflect your profession’s stability and financial prospects.
Why Choose a Lawyer-Specific Loan?
- Higher Borrowing Power: Lawyers can borrow up to 90% or even 95% of a property’s value without paying Lenders Mortgage Insurance (LMI), which typically applies to those borrowing more than 80%.
- Special Interest Rates: Benefit from interest rates that reflect your professional status and reliability.
- Streamlined Approval Process: With a trusted profession like law, lenders often offer quicker approvals and require less paperwork.
- Flexible Loan Features: Options for offset accounts, extra repayments, and redraw facilities, giving you the flexibility to manage your loan in line with your financial goals.
Eligibility Criteria for Lawyer Loans
- Employment Type: Must be a practicing lawyer, solicitor, or barrister.
- Income Stability: A consistent income and employment history in law are essential.
- Loan-to-Value Ratio (LVR): Can borrow up to 90%–95% LVR without LMI.
- Other Factors: Credit history and financial position will also be considered, but your profession offers advantages that other borrowers may not receive.
Take Advantage of Your Professional Standing
Let Sanford Finance help you secure the best home loan, tailored to the legal profession’s needs.