home loans, loan refinancing Australia wide

home > loan guide > professional packages

Professional packages

Professional packages can offer substantial discounts and special benefits, but are only available to those who satisfy specific criteria.
The key criteria for most professional packages are that the mortgage be in excess of $150,000, and that you earn more than $50,000 per annum.

You do not actually need to be a white collar ‘professional’ to qualify.
The benefits vary between lenders, but in general can include interest rate discounts of between 0.50 and 0.75 per cent for the life of the mortgage, lower fees, and discounts on other bank products.

These are generally great products and well worth considering if you qualify.

More in this section: Using a mortgage broker Glossary Fixed or variable? Split loans Basic home loan Honeymoon loans No deposit home loans Redraw facility 100% offset account Line of credit Professional packages Low doc loans Bridging loans Reverse mortgages Family products Aged care accommodation bond finance