'Pro-packs' as they are often referred are relatively new to the Australian mortgage market.

They offer fantastic savings not only on interest rates but also on fees for everyday banking and credit card facilities.

Most lenders combine several banking products for example a bank account, a credit card and the loan account together and charge one monthly or yearly account fee.

The criteria determining whether a borrower qualifies for a professional package varies by lender. It may be based on profession, income, or the amount borrowed.

Should you have any further questions please click here to email us.