Can Your Profession Save You on Your Home Loan?

When it comes to saving money on your mortgage, your job could be the key. Some lenders classify certain professions as ‘low risk’ borrowers and, as a result, offer exclusive discounts or fee waivers.

This means if you’re in the right field, you could access sharper interest rates, lower fees, or more flexible loan products simply because of your profession.

Who Qualifies?

Common professions that may be eligible for these benefits in Australia include:

• 👩‍⚕️ Doctors and medical professionals

• 👨‍💼 Accountants

• ⚖️ Lawyers

• 👩‍🏫 Teachers

These roles are often viewed by lenders as stable, with reliable income streams and lower default risk.

But it’s worth noting the list isn’t fixed. Discounts shift as industries evolve.

How the Perks Work

Being in one of these professions doesn’t automatically mean savings on your home loan. To qualify, you need to:

• Apply with a lender that offers profession-based discounts.

• Meet that lender’s criteria (which can include things like income thresholds or proof of industry membership).

For instance, doctors often need to show evidence of membership with bodies like the Australian Medical Association (AMA) to access their tailored loan offers.

Why Work with a Broker?

Here’s the catch lenders rarely advertise these discounts openly. That’s where a broker becomes invaluable.

At Two Birds One Loan, we:

• Know which lenders are offering profession-based perks right now.

• Handle pricing requests on your behalf.

• Negotiate the most competitive rate and structure for your situation.

The Bottom Line

Your profession could be worth more than a paycheck it might save you thousands on your home loan. But because these offers change often and vary between lenders, having a broker on your side ensures you don’t miss out.

👉 Wondering if your job qualifies? Book a call with the Birds today let’s see what you qualify for!