Medical Professionals

Medical Professionals such as Doctors, General Practitioners, Medical specialists and Dentists and a long list of other Medical Practitioner occupations who are registered with The Australian Health Practitioner Regulation Agency (AHPRA) at the time of application are eligible for specialty home loans.

We understand the complexity of medical professionals’ income who quite often have complex business structures and usually derive their income from a multitude of business sources, such as wages, business income, rental income, and trust distributions. 

We go to work for you analysing your financials to ensure we are maximising your every opportunity to finance your next business venture, refinance, or purchase. 

We can offer Medico loans for owner occupied or investment purposes with up to 90-95% of lending without needing lenders’ mortgage insurance which can save you tens of thousands of dollars.

Over the last decade, We have helped hundreds of clients in the medical sector secure better finance with lower rates and no lender’s mortgage insurance loans.

Medical professionals are more likely to qualify for larger loans with higher-priced homes due to their potential long-term earning capacity. Due to this and other factors, we can negotiate reduced home loan interest rates on behalf of doctors, dentists, and medical specialists.

Our close relationship with several Private Bank lenders enables us to provide competitive finance solutions that are tailored to your specific needs for today and well into the future.

We understand how busy medical professionals are, which is why we offer a range of personalised services, including at home appointments, after hours and weekend appointments and remote finance consulting.

How does the LMI Waiver work?

Example: Dr. Hughes, a GP, refinances her $1.7 M home loan to lender with total funds required $1,530,000 and final LVR of 90%, therefore no LMI is required. Dr Hughes also wants to purchase an investment unit for $600,000 and borrow $510,000 (85% LVR) using this offer to avoid LMI.  Dr Hughes can complete the above transactions using this Offer as her total aggregate borrowings with these two loans is $2,040,000 and total security value is $2,300,000 therefore her loan to value ratio is 88%.

The applicable lenders mortgage insurance (LMI) at 88% LVR is $59,430 without the LMI Waiver.