Exclusive MEDICO Home Loans for Doctors & Medical Professionals

Yes, specialised lenders in Australia waive Lenders Mortgage Insurance (LMI) for eligible medical professionals. This includes general practitioners, specialists, surgeons, dentists, and other AHPRA-registered doctors. You may be able to borrow up to 90–95% of the property value without paying LMI, saving you tens of thousands of dollars.

Yes, in some cases, eligible doctors can borrow up to 100% of the property value — without needing a guarantor. These are available through select lenders and often include a split loan structure, where part of the loan is secured traditionally and the rest covers costs such as stamp duty and legal fees.

We can advise if this applies to your situation.

Doctors and medical professionals who are typically eligible for exclusive home loans include:

• General Practitioners (GPs)
• Anaesthetists, Cardiologists, Oncologists, Paediatricians
• Dentists and Dental Surgeons
• Medical Specialists and Surgeons
• Radiologists, Dermatologists, Psychiatrists
• Pharmacists and Optometrists
• Interns, Registrars and Medical Residents
• Allied Health Professionals (some lenders)

If you’re unsure if your profession qualifies, speak to our team for an assessment.

To apply for a doctor home loan in Australia, you’ll typically need:

• Personal ID (passport, driver’s licence)
• Proof of income (recent payslips, tax returns, BAS)
• AHPRA registration (general or specialist)
• Bank statements
• Existing loan and liability information

We’ll guide you through what’s needed based on your employment type — PAYG, self-employed, or contractor.

Yes. Many lenders recognise the non-traditional income structures common to doctors. Whether you’re a contractor, locum, or earning via ABN through a practice, we have lender partners that accept these income types.

We’ll package your application to ensure your income is verified correctly — even if you’ve recently changed roles or employers.

Doctors are considered low-risk borrowers due to their:

• High and stable income
• Low default rate on loans
• Long-term professional stability
• Demand across both urban and regional areas

Banks compete for medical clients and often offer exclusive home loan rates, waived fees, and more favourable lending policies.

Yes. Doctors can use these benefits for both owner-occupied and investment property loans. Whether you’re purchasing your first home or building a property portfolio, we’ll structure your loan to suit your goals.

Yes. We regularly assist doctors who’ve been turned away by retail banks due to:

• Complex income
• Recent employment changes
• Credit file issues
• Unusual business or tax structures

Our experienced brokers work with specialised lender channels that retail branches can’t access — and we know how to present medical professional applications to get results.

Home loans for doctors typically come with:

• 100% offset accounts
• Redraw facilities
• Split loan options
• Fixed and variable interest rates
• Interest-only periods (especially for investment)
• Linked credit cards with waived fees

We’ll help you compare features and find the right combination for your goals.

Yes. In most cases, if one applicant is a qualified and eligible doctor, the couple can still receive the full benefits of a doctor home loan — including waived LMI and higher borrowing capacity — even if the other party isn’t a medical professional.

Most lenders do not include nurses under their “medical professional” LMI waiver programs. However, some lenders may offer LMI discounts or benefits to high-income earners in health-related roles. If you’re a nurse or allied health professional, we can explore your options and eligibility.

Yes. We help doctors across Melbourne, Sydney, Brisbane, Perth, Adelaide, Canberra, Hobart, and regional areas. No matter where you’re located, our mortgage specialists can support your application and connect you with lenders offering the best options for your profession.

Most clients receive conditional approval within 48–72 hours, depending on their circumstances and documentation. Our team manages the process from start to finish — so you can focus on work and life while we handle the finance.

Your borrowing capacity depends on income, liabilities, expenses, and deposit. However, many doctors qualify for higher borrowing limits due to their income profile and lower risk. We’ll run the numbers and show you what’s possible in your specific case.

In most cases, yes. As specialist brokers for medical professionals, we:

• Access exclusive doctor-only products
• Negotiate directly with bank credit teams
• Understand how to present your income for faster approval
• Save you time (no need to shop around or explain your career ten times)