Home Loans for Medical Professionals
Exclusive lending benefits for doctors, dentists & health professionals
Medical professionals are highly regarded by lenders because of their stable income, specialised training, and low risk of default. This means you may be eligible for exclusive lending benefits not available to the general market, including:
Lower interest rates
Reduced or waived fees
Higher borrowing capacity
LMI waivers up to 90% LVR (buy with as little as 10% deposit)
These benefits can save tens of thousands of dollars, help you enter the market sooner, and accelerate the growth of your investment portfolio.
At My Finance Consultants, we also recognise that medical careers come with demanding schedules — so we take care of the entire loan process for you. From comparing lenders to lodging applications and managing settlement, we ensure a smooth, efficient experience with minimal time required from you.
Who is eligible?
The following medical and healthcare professionals may qualify:
General Practitioners
Surgeons (all specialties)
Dentists
Anaesthetists
Radiologists
Psychiatrists
Specialists & Registrars
Veterinarians
Optometrists
Pharmacists (with select lenders)
If you’re registered with AHPRA, you’re likely eligible for professional lending benefits — including LMI waiver up to 90% LVR, depending on the lender.
Key advantages for medical professionals
LMI waivers up to 90% LVR
Buy with as little as a 10% deposit — and no LMI — saving thousands upfront.
Higher borrowing capacity
Your earning potential means lenders may allow you to borrow more, with fewer restrictions.
Discounted interest rates
Access exclusive pricing not available to the general public.
Investment portfolio flexibility
Use smaller deposits and released equity to build wealth sooner.
Flexible ownership structures
We can structure loans under trusts, companies or individual names based on your tax and asset-protection strategy.
Estimate your numbers
Use these tools to get a quick understanding of your position:
This helps determine affordability before we tailor the right strategy for your circumstances.
Understanding the LMI waiver
Normally, when borrowing above 80% of the property value, Lenders Mortgage Insurance applies.
However, for eligible medical professionals: LMI can be waived up to 90% LVR.
This means:
Purchase sooner
Lower upfront costs
Reduced monthly repayments
More available funds for investing or lifestyle goals
This is one of the most valuable financial advantages available to medical professionals.
Our process — designed around your schedule
Initial clarity call
We seek to understand your goals and confirm eligibility.
Loan strategy & lender shortlisting
Propose lenders based on your objectives and priorities.
Submit your application
We package the loan application and seek approval from the lender, no admin burden on you.
Approval & settlement support
We manage communication end-to-end to ensure a smooth settlement.
Annual loan review
We ensure your rate remains competitive. You stay informed — without needing to manage the paperwork.
FAQs
What is the maximum LVR I can borrow without LMI?
Most eligible medical professionals can borrow up to 90% LVR with no LMI.
What proof do I need?
Confirm your registration on the AHPRA register. That’s it — we’ll handle the rest.
Can these benefits apply to investment properties?
Yes — many lenders extend LMI waivers to both owner-occupier and investment purchases.
Are veterinarians and pharmacists included?
Yes — veterinarians are widely eligible. Pharmacists are eligible with select lenders.
Can I apply jointly with my spouse?
Yes — the LMI waiver can still apply, even if only one applicant is a medical professional.