Medical professionals get the best home-loan treatment in Australia, the strongest LMI waivers, the most generous income assessment and dedicated credit teams. If you’re AHPRA-registered, here’s everything you can claim, in one list.
1. LMI waived up to 95% LVR
Doctors, dentists and vets can borrow up to 95% with no lenders mortgage insurance at multiple lenders, the most generous waiver in the market (most professions cap at 90%). On a $1m purchase with 5–10% down, that’s $30,000–$40,000 of premium waived.
2. Every loading counted
Overtime, on-call allowances, penalty rates and shift loadings counted at 100% by lenders with essential-services policy, where generalist banks shade them to 80% or average them away. For hospital-based doctors this alone can add hundreds of thousands of borrowing power.
3. Training pathway understood
Registrars on fixed-term contracts are treated as continuously employed, the right lenders know a training number only points one direction. Interns qualify for the waiver at several banks from day one.
4. Private billings and VMO income
ABN income, VMO arrangements, practice distributions, medico credit teams assess these weekly and can use as little as one year of figures, where standard policy demands two.
Who’s on the list
- Almost everywhere: doctors (including interns and registrars), dentists, vets.
- At some lenders: pharmacists, optometrists, physiotherapists, chiropractors and select allied health.
- Income thresholds are rare for medicos, unlike lawyer and accountant waivers.
Linton Finance runs a specialist medico lending service, waiver eligibility, loadings, and lenders that want doctors.
See medico loans at Linton Finance →Every lender keeps its own profession list, LVR cap and income rules, and they shift. A free call with Nathan confirms your exact eligibility across all of them, usually inside 30 minutes.