No LMI options through selected lenders
Eligible doctors may borrow at higher LVRs without Lenders Mortgage Insurance through selected lender programs. Subject to lender policy.
← Medical & health professionals
Home loans for doctors.
Doctors may be able to access lower deposit options, no LMI lending and flexible home loan assessment through selected lenders. Subject to assessment and current lender policy.
Who this is for
Built for doctors like you.
- GPs and hospital doctors
- Registrars and doctors in training
- Specialists and consultants
- Locum doctors and contractors
- Practice owners and partners
- Doctors buying first homes or building an investment portfolio
Lending advantages
What may be available to you.
Several lenders apply specific policies to your profession. Eligibility, limits and pricing vary - subject to assessment.
Why lenders often view doctors favourably
Stable income, strong career progression and professional registration are viewed favourably across most lender credit teams.
Lending for doctors in training
Selected lenders extend their professional policies to registrars and doctors in training, not only to specialists.
Overtime, allowances and locum income
Lenders that understand medical pay count overtime, on-call, shift and locum income properly - not at a generic discount.
Common challenges
Where this profession often hits friction.
Buying with less than a 20% deposit
Many doctors want to buy sooner rather than save for a 20% deposit. The right lender allows higher LVRs without LMI, subject to eligibility.
Complex income for locums and contractors
Locum and contract income is treated inconsistently. We choose lenders that assess these properly with minimal discount.
Investment property lending
Many doctors build a portfolio early. Lender choice across the portfolio matters more than the rate on any single loan.
How we help
Strategy first. Loan second.
Our process is the same for every client - understand the situation, model it against selected lenders, then recommend a path. No pressure, no surprises.
- 01Confirm whether your role qualifies for the medical LMI waiver with our lenders.
- 02Map base, overtime, on-call, allowance and any locum income.
- 03Model borrowing capacity across multiple lender scenarios.
- 04Coordinate practice and entity income where relevant.
- 05Annual loan review for as long as you're a client.
Documents to have ready
Make the first conversation faster.
- AHPRA registration
- Employment contract
- Recent payslips
- Tax returns if locum or self employed
- Evidence of overtime or allowances
- Existing loan statements
FAQs
Common questions.
Can doctors buy with a smaller deposit?+
Eligible doctors may borrow up to 90–95% LVR without LMI through selected lenders. Eligibility depends on role, income, credit and current lender policy.
Do registrars qualify?+
Selected lenders extend medical LMI waivers to registrars and doctors in training. Eligibility and limits vary by lender.
Can locum income be used?+
Yes. Lenders comfortable with medical income typically count locum earnings with limited or no discount, given documentation and history.
Can doctors use no LMI lending for investment property?+
Many medical LMI policies extend to investment lending, subject to LVR caps and lender criteria.
What deposit does a doctor usually need?+
Eligible doctors may proceed with as little as 5–10% in many scenarios, although a stronger deposit usually unlocks better pricing. Subject to assessment.
Want to know what you may qualify for?
Send us a few details and we will check your options with current lender policy.
Every lender has different rules. Your eligibility depends on your income, deposit, credit history, property type, location, existing debts and the lender policy at the time of application.
This information is general only and does not consider your personal situation. Lending options, LMI waivers, interest rates, loan amounts and approval requirements vary by lender and can change at any time. We will check your circumstances against current lender policy before making any recommendation.