PARAMEDIC LOANS

Paramedic workers are some of the most valuable and hard-working members of our society.

As a paramedic, you may be wondering if there are mortgage loan programs for first responders.

The good news is that you could have access to loan options that aren’t available to the general public.

Contact your paramedic loan specialist

PARAMEDIC LOANS: MORTGAGE LOAN PROGRAMS FOR FIRST RESPONDERS

 In Australia, people who work as paramedics and in other professions such as not for profit or healthcare can be entitled to access salary packaging options.

When you use salary packaging, you can have all or some of your mortgage payments deducted as part of your pre-tax income.

As a result, you can either borrow more or benefit from lower repayments. This makes having a home loan as a paramedic more manageable.

CAN I BORROW MONEY FOR A HOME LOAN ON A PARAMEDIC  SALARY?

If you have a good credit history and evidence of being able to save money, you can definitely be considered for a home loan if you are a paramedic or emergency services worker.

Here are some of the things you will need as part of your application:

  • evidence of your income and employment history;
  • evidence of your personal debt (ideally it will be very minimal);

a good credit history, and

  • evidence you have been saving for a deposit (this could also include proving you have been steadily paying rent).

Take a look at this video for more information about improving your borrowing capacity:

BORROWING CAPACITY VIDEO  – in production coming soon

The most important thing you need when applying for a home loan as a paramedic or first responder is the help of someone who can walk you through the process and help you figure out if you can rely on salary packaging as an option.

WORK WITH A SPECIALIST IN PARAMEDIC LOANS

Steve Morrison

With a ten year history as a mortgage broker, I have helped dozens of paramedics and healthcare workers to get their home loan application over the line.

Whether you have a deposit saved and ready to go or you just want to know what your options are, I can help you understand what you need to do at every step.

My services include researching the lenders that offer salary packaging options and paramedic loans at the most competitive rates.

PARAMEDIC LOANS: HOW IT WORKS

If you’re a paramedic, it makes sense to work with a mortgage broker who knows which home loans will suit your needs and your budget.

  • Book a time to speak with me and we’ll go through your circumstances, your plans and your ideal outcome.
  • I’ll let you know how much you can borrow based on your savings, current interest rates and your options for borrowing as a healthcare professional.
  • Then we will work together to prepare an application with a lender who can provide the most attractive salary packaging options.

Get in touch to schedule your first appointment.

Contact your paramedic loan specialist