Accounting Professionals
Accounting professionals such as accountants, auditors, and finance managers have unique needs and busy schedules. Our Mortgage Brokers have access to specialised home loan packages designed to take advantage of your profession's stability and income profile. These packages provide strong incentives, including discounted interest rates, fee waivers, and other exclusive benefits.
Eligible accounting professionals
Certain accounting professionals can access these special loan offers, including:
Accountant
Actuary
Auditor
Chief Financial Officer
Director
Finance Director
Finance Manager
Financial Controller
Finance Partner
These roles are recognised for their expertise, reliability, and stable income, making them eligible for exclusive loan benefits. If you hold one of these positions, you can take advantage of tailored financial products designed specifically for your profession.
Benefits of professional packages
Working with My Finance Consultants to secure your next professional package loan includes several benefits:
Increased Borrowing Capacity: Borrow more than most borrowers without incurring additional fees.
Discounted Interest Rates and Fees: Enjoy reduced costs for your loan, making it more affordable. Professional package loans often come with lower interest rates and waived fees, ensuring you get the best deal possible.
LMI Waivers: Eligible professionals can benefit from Lenders Mortgage Insurance (LMI) waivers for loans up to 90% Loan to Value Ratio (LVR). This can save tens of thousands of dollars, allowing you to allocate those funds towards other financial goals or investments.
Investment Portfolio Growth: Build an investment portfolio faster by utilising smaller deposits for each property purchase. Receive expert advice on how to build and grow your investment portfolio using these professional package offers. Our brokers have extensive experience helping accounting professionals maximise their investment potential.
Exclusive Offers and Benefits: Access to special offers and benefits that are not available to the general public. These can include preferential terms, faster approval processes, and more flexible repayment options.
Flexible Lending Criteria: Enjoy more lenient lending criteria, making it easier to secure a loan.
Apply for Loans in Company or Trust Structures: Secure financing under a company or trust name.
Joint Ownership Considerations: Obtain an LMI waiver even if the home is owned jointly by you and your spouse.
To get a better idea of your borrowing power and likely repayments, try our Borrowing Power Calculator and Loan Repayment Calculator. These tools can provide valuable insights into what you can afford and help you plan your financial future more effectively.
Mortgage insurance waiver
The most considerable benefit provided by these professional package offers for accounting professionals is the LMI waiver. LMI is typically required for borrowers who are unable to provide a 20% deposit. However, as an accounting professional, you can qualify for an LMI waiver with a deposit as low as 10%. This waiver can save you a significant amount, reduce your monthly repayments, and allow you to pay off your home loan sooner or build a larger investment portfolio.
Our team specialises in managing the entire loan process for accounting professionals, ensuring a smooth and efficient experience. We understand the complexities of financial structures and have helped many accountants, actuaries, and auditors finance their dream homes, build investment portfolios, and optimise their current lending. Let My Finance Consultants assist you in unlocking the full potential of your professional loan package.
Why choose My Finance Consultants?
We do all of the legwork
We compare hundreds of home loan options from a wide choice of lenders, including the big banks and specialist lenders. We handle every step, having a thorough process in place to qualify you with our lender panel to find the most suitable lending options for you. We organise all of the required paperwork, order lender valuations, liaise with your real estate agent and conveyancer for a smooth transition to settlement.
We provide a convenient service
Mortgage Brokers save you the time and hassle involved in applying for a home loan - from application through to settlement. We'll meet at a time and place that best suits you, to establish your needs and preferences. We then do all the research and running around to manage every step of the application process. This saves you shopping around - as we do it all on your behalf.
We provide professional advice
We are fully trained, and accredited with every lender we represent. We are full members of the Mortgage & Finance Association of Australia and we have many years of industry experience. We also have a number of consumer protection initiatives in place to protect you - our valued clients. As mortgage professionals, we seek to guide you through the lending process to help you make better financial decisions.
We help you select the right home loan
Our first priority is helping you select the home loan that’s right for you, now and into the future. Your Mortgage Broker will save you the time and hassle associated with shopping around for a home loan, they will also guide you through the home lending process to help you make better choices with your personal finances.
We will always try to save you money
We use comprehensive software which helps us pinpoint the most suitable and competitive home loan for you. Typically, our service can help cut the current interest rate you are paying as well as reduce your fees and monthly repayments. Using a Mortgage Broker is also a great way to figure out a strategy to maximise your borrowing power.
We don’t charge you a fee for our service
There is no charge to you for our services because the lender pays us a commission once your loan has settled. We do charge a commitment fee for home loan pre-approval applications, however we will refund this to you upon settlement of your home loan. We will always aim to provide a trusted, friendly and professional mortgage broking service.
Our clients have been saying some great things about us!
Whatever your goals, a competitive home loan will get you there faster!
Whether you're a first home buyer, upgrading to your next home, getting into property investment, or wanting to refinance and pay off your existing home loan sooner, we can help you make the right decisions and stay on top - whatever your home loan needs.
We'll compare more than 40 leading banks and lenders, as well as hundreds of home loan options to find one that's right for you. No matter what kind of mortgage you're interested in, you'll enjoy expert home buying and lending advice from a Mortgage Broker you can trust.
Our industry knowledge and sophisticated mortgage software allows us to assess and compare the hundreds of home loans that are available in the marketplace, we will calculate your borrowing capacity and identify which lenders you will qualify with.
If you're ready to start your home loan journey, give our friendly team a call on 1300 381 955 or visit the Book Appointment section on our website.
FAQs
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Upon meeting certain criteria, Accountants, Actuaries, and Chartered Financial Analysts (CFAs) can borrow up to a 90% Loan to Value Ratio (LVR) without incurring Lenders Mortgage Insurance (LMI). Banks usually label this benefit an “Industry Professional Offer.”
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Lenders Mortgage Insurance (LMI) is a one-off fee paid to an insurance provider for borrowing above a certain LVR, typically 80%. This premium protects the bank by reimbursing them for any losses if they need to sell your property at a loss.
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Accountants, Actuaries, and CFAs with relevant professional experience, qualifications, and income are viewed by banks as higher and more stable income earners, presenting less risk of default compared to other professions. This perception allows banks to offer these professionals more favourable loan terms.
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To qualify for a professional loan offer, you need to prove you are registered to practice as a CA, CPA, CFA, or FIAA in Australia. This can be evidenced by current membership of:
- Chartered Accountants Australia and New Zealand
- CPA Australia (or a comparable international accounting body with evidence of mutual recognition by CPA Australia)
- Chartered Financial Analyst Institute Australia
- Current Fellowship of the Institute of Actuaries of Australia
A minimum income of $150,000 usually applies, which can sometimes include investment income or your partner’s income.
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If your job title is not on the list, you might still be eligible for an LMI waiver if your role is a minor variation or you can establish that you perform similar work. For example, titles such as Tax Accountant, Internal Auditor, or roles in Financial Planning & Analysis with the relevant qualifications are often eligible.
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Yes, some restrictions may include:
- The amount of income you earn
- Applying for Interest Only lending
- The postcode and property type
- Maximum loan size as an absolute value
- Maximum loan size as a multiple of total income in your application
We will inform you during our assessment if any of these restrictions apply.