We help Doctors, Nurses and Allied Health professionals access Exclusive Home Loan Options
Medico Home Loans helps doctors, nurses and allied health professionals compare home loans for medical professionals in Australia with experienced Australian medical mortgage brokers who understand healthcare income. We assess suitable options across lenders, including low-deposit home loans and loans that may waive LMI, offer offset or redraw features, and recognise more of your overtime and allowances. Depending on eligibility and loan structure, clients may save $15,000 to $30,000. Our MFAA-accredited team brings more than 15 years of finance experience.
- No LMI on home loans up to 95% LVR
- 100% of your overtime & allowances counted
- HECS-friendly borrowing assessments
- Lower home loan interest rates
Get a Free Quote
Fast, no-obligation. we usually reply within 1 business hour
No LMI Up to 95% LVR
Avoid LMI on eligible home loans.
More Income Counted
100% of overtime and allowances considered.
HECS-Friendly Assessments
A fairer approach to assessing HECS debt.
Lower Interest Rates
Access competitive home loan rates.
FREE 20-MINUTE HOME LOAN RATE REVIEW
Your schedule is full, and your home loan should not cost more than it needs to. In 20 minutes, we will review your current home loan interest rate, comparison rate, fees and loan features. We will then explain whether refinancing or changing your loan structure could improve affordability or repayments.
No obligation. Clear, personalised guidance.
How Much Could You Save With an LMI Waiver?
Eligible healthcare professionals can borrow up to 95% of the purchase price with no Lenders Mortgage Insurance. Enter your numbers to estimate what that waiver is worth.
= loan ÷ purchase price 90%
* Estimate only. Based on indicative LMI premium rates typically charged to standard borrowers at the same loan amount and LVR, including approximate premium stamp duty; actual premiums vary by lender, insurer, state and loan features. Eligibility for professional LMI waivers depends on your profession, registration, income and the lender's policy at the time of application. This is general information, not credit advice. Medico Home Loans can confirm your exact eligibility and savings.
Home Loans for Medical Professionals, Made Simpler
Medico Home Loans was founded in early 2026 to give busy Australian healthcare professionals a clearer, more considered path to property finance. We understand that irregular hours, overtime, allowances, HECS and complex income structures do not always fit standard lending assessments.
We connect Australian medical professionals with experienced, MFAA-accredited medical mortgage brokers operating through Aussie. Your broker can compare suitable medical professional home loans in Australia from lenders available on the Aussie panel. Options may include fixed or variable home loan rates, offset accounts, redraw facilities, low-deposit loans and eligible LMI waivers. Your broker coordinates the paperwork and guides your application from the first conversation through to settlement, helping doctors, nurses, dentists and allied health professionals make informed decisions without carrying the administrative burden alone.
Aim to make your home loan process easier for you.
Built Around Medical Careers
Support that considers how healthcare professionals work and earn.
Less Admin, More Clarity
Clear document guidance and hands-on support at every stage.
More Suitable Options
We compare lender policies to find options suited to your circumstances.
Behind the Scenes with Our Medical Mortgage Brokers
What Clients Say About Us
See why doctors, nurses, dentists and allied health professionals trust our medical mortgage brokers to compare healthcare home loans and guide the process from application to settlement.
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Who Qualifies for Home Loans for Medical Professionals?
Our support for home loans for medical professionals in Australia is designed for doctors, medical specialists, dentists, nurses and eligible allied health professionals. Available benefits and loan features depend on your profession, income, deposit, property, lender and individual circumstances.
Home Loans for Doctors
Home loans for doctors in Australia may provide broader access to LMI waivers and higher loan-to-value ratios for eligible applicants. Whether you are a registrar on a training contract, a salaried hospital doctor or running a private practice, the right lender may assess your income and profession more favourably.
- No LMI up to 95% LVR (saving $15k–$30k)
- Overtime, on-call and allowances counted in full
- Self-employment income requirements often waived
Home Loans for Dentists
Some Australian lenders assess dentists alongside doctors for profession-based lending benefits. Home loans for dentists in Australia may support eligible associates, salaried dentists and practice owners, including applicants who have recently become self-employed.
- No LMI up to 95% LVR for eligible dentists
- Borrowing capacity assessed on your true earnings
- Newer practice income considered, not just two full years
Home Loans for Nurses and Allied Health
Home loans for nurses in Australia and home loans for allied health professionals may be available through lenders that recognise eligible shift income, penalty rates, overtime and allowances. Registered nurses, physiotherapists, pharmacists, radiographers and other eligible roles can have different deposit and LMI requirements, so lender selection matters.
- LMI waivers available for eligible professions
- Shift loadings, penalties and overtime counted
- First-home buyers welcome - deposits from 5–10%
Home Loan Refinancing for Medical Professionals
If your current loan was not structured for a medical professional, we can review it against suitable Australian lenders. We compare refinancing home loan rates, fees, fixed and variable options, offset accounts, redraw facilities and repayment flexibility, while considering how each lender recognises your healthcare income.
- Switch to medico rates and lower repayments
- Restructure to free up borrowing capacity
- Consolidate or fund an upgrade or investment
Why Choose Our Medical Mortgage Brokers?
Our Australian medical mortgage brokers, including mortgage brokers for doctors and other healthcare professionals, understand overtime, allowances, HECS, salary packaging and complex employment structures. We compare medical professional home loan rates, comparison rates, fees and useful loan features such as offset accounts, redraw facilities and flexible repayments. We also manage the paperwork, helping you make a confident decision without losing valuable time.
Save Thousands on LMI
Eligible professionals can borrow up to 95% LVR without paying Lenders Mortgage Insurance (LMI), saving $15,000+ on typical purchases!
Enhanced Borrowing Power
100% of your overtime and allowances counted! We recognise your essential services role means regular, ongoing additional income.
Fast-Track for Self-Employed
Self-employed doctors and specialists: skip the lengthy trading history requirements with select lenders. Get approved faster!
Expert Industry Knowledge
We specialise in healthcare professional loans. We know which lenders offer the best terms for YOUR specific profession and circumstances.
Construction & Investment Options
Building your dream home or investing? Access construction loans up to 95% LVR and investment property options tailored to professionals.
Construction & Investment Options
First home buyer? Family equity can help you enter the market faster with streamlined guarantee arrangements.
Meet Our Medical Mortgage Brokers
Meet our Australian medical mortgage broker team, helping doctors, nurses and allied health professionals compare suitable home loan options and navigate every step from enquiry to settlement.
James Safajou
Medical Mortgage Broker
Ranked number 7 in the country for Aussie mortgage brokers across all stores. As a Senior Mortgage Broker and Justice of the Peace for the Northern Rivers, James Safajou provides trusted, confidential service. A Byron Bay local, he excels at analysing complex financial documents to maximise your borrowing power, making the home loan process straightforward, stress-free, and convenient for you.
Bruna Andrews
Medical Mortgage Broker
Bruna Andrews can assist you with your first home buyer residential home loans, investment loans, family guarantee home loans, mortgage refinance and commercial loans. Bruna finds it particularly exciting dealing with Medico first home buyers and helping them navigate the property market for the first time. The right mortgage structure set out to your advantage and access to a leading panel of lenders.
Sana Hosseini
Medical Mortgage Broker
Sana Hosseini is an Elite Mortgage Broker, serving as a Director on the Board of the Mortgage Finance Association of Australia. Recognised for his two decades in Medico home loans. Based in South Yarra, his background as a Tax Accountant gives him a unique edge in expertly guiding medical professionals and self-employed clients, ensuring their financial structures are optimised for the best home loan outcome.
Guide to Home Loans for Medical Professionals in Australia
Explore Australian healthcare home loans, competitive home loan rates, LMI waivers, borrowing-power considerations, offset accounts, redraw facilities, construction loans and refinancing options for doctors, nurses and allied health professionals.
One of the Biggest Benefits: Avoiding Lenders Mortgage Insurance (LMI)
One of the most valuable benefits available with some medical professional home loans and healthcare home loans is a Lenders Mortgage Insurance (LMI) waiver.
Normally, if you borrow more than 80% of a property’s value, you must pay LMI, which can cost thousands of dollars. However, eligible healthcare professionals may be able to borrow a higher percentage without paying this extra cost.
Below is how some major lenders classify eligible professions for LMI waivers.
A Note on Nurses and Allied Health: While professionals like Nurses, Midwives, Occupational Therapists, Podiatrists, and Radiographers are unfortunately listed as ineligible for the top-tier LMI waivers by ANZ, CBA, and Bankwest, they often fall under other valuable “Essential Services” policies detailed on here!
Important Lending Criteria Highlights for LMI Waivers
- Registration is Key: Eligibility often requires active registration with the Australian Health Practitioner Regulation Agency (AHPRA) or the relevant veterinary board.
- Repayment Type: Most LMI waivers generally require the loan to be Principal and Interest (P&I) repayments.
- Loan Purpose/Security: Some waivers (e.g., CBA’s Professionals Offer) specifically exclude land and/or construction loans. Construction loans and vacant land are also excluded from HSBC’s Medico policy. However, Bankwest’s LMI waiver can be used for refinance, purchase, construction, or renovation of investment or owner-occupied property.
Increase Your Borrowing Power Through Income Assessment
Beyond LMI waivers, some home loans for healthcare professionals use more flexible income assessment policies. A lender may recognise regular overtime, allowances and other eligible income differently, which can improve your borrowing position compared with a standard assessment. Eligibility and the amount you can borrow still depend on the lender, your income, expenses, deposit and credit profile.
Overtime, Allowances, and Essential Services
If you are a nurse, paramedic, firefighter, police officer, or doctor, your income capacity is often boosted due to “Essential Services” policies.
- 100% Overtime & Allowances: Lenders like Bankwest, Suncorp Bank, and Great Southern Bank recognise that overtime is often regular and ongoing in the Health Care and Emergency Services industries. These lenders will use 100% of your verifiable overtime and allowances in their serviceability assessment, compared to the general rule where usage might be shaded or capped.
- Casual Income Stability: If you are a casual employee in the Health Care or Emergency Services industry, Bankwest is more flexible, needing only a minimum of three months’ employment history for your application
Self-Employed Advantages
If you are a self-employed professional, particularly a doctor, specialist, or dentist (verified via AHPRA), some lenders exempt you from the standard lengthy trading history requirements (often 18 months or 2 years ABN registration) for non-LMI loans. This exemption applies at ANZ, meaning you may proceed with standard income verification despite a shorter self-employment period.
Salary Sacrifice
If your employment is in public health, social work, or charity work, and you benefit from salary sacrifice arrangements, Macquarie allows up to 100% of the salary sacrifice ‘tax free’ arrangement to be used for servicing, provided confirmation is supplied that the amount is convertible to gross taxable income and is provided regularly.
Beyond the Standard Home Loan
- Construction Loans: Available for building or renovating, although often excluded from LMI waivers. WLTH offers up to 95% LVR for owner-occupied construction loans (P&I).
- Family Guarantee/Pledge: Allows family members to offer equity in their property as security to help you avoid LMI and borrow the full purchase price. BOQ’s Family Guarantee is specifically introduced to help First Home Buyers enter into a guarantee arrangement with less lengthy documentation.
- Debt Consolidation & Cash Out: Generally acceptable across multiple lenders. Note that Bankwest’s Medical Professional LMI waiver excludes using the loan for family support guarantees.
The Next Steps
- Gather Professional Evidence: Have your AHPRA registration details, or relevant professional board membership, readily available to verify your eligibility for professional packages.
- Verify Income Documentation: Collect recent payslips and tax documents. If relying on overtime or allowances, ensure your records show regular earnings over the required minimum period, often 3 to 6 months.
- Seek Tailored Advice: Lenders’ eligibility criteria and maximum LVRs vary significantly, especially for nurses and allied health professionals. Discuss your income structure, including tax-free salary sacrifice or regular overtime, with a qualified broker who understands healthcare lending.
What are home loans for healthcare professionals?
Home loans for healthcare professionals are standard residential loans assessed under lender policies that may better recognise medical and healthcare careers. Depending on your profession and circumstances, eligible features may include an LMI waiver, a higher permitted loan-to-value ratio, or greater recognition of regular overtime and allowances. Approval still depends on the lender’s criteria and your full financial position.
Are there specialised home loans for doctors in Australia?
Yes. Some lenders offer home loans for doctors with profession-specific eligibility rules. Doctors, dentists and certain medical specialists may qualify for benefits such as waived LMI at a higher loan-to-value ratio. The available benefit varies by profession, registration, property, loan purpose and lender, so it is important to compare the full loan rather than one feature alone.
Can nurses access specialised home loans?
Some lenders offer home loans for nurses that account for regular overtime, shift allowances and other eligible income. Certain registered nurses may also qualify for reduced-deposit or LMI-waiver policies, but the rules differ between lenders. A broker can review your payslips, employment history and registration before recommending suitable options.
What home loan options are available to allied health professionals?
Home loans for allied health professionals may be available to eligible physiotherapists, pharmacists, optometrists, psychologists and other recognised occupations. Lenders do not all use the same profession list, income rules or LMI policy. Checking your exact occupation and registration against current lender criteria can reveal options that a general comparison may miss.
How can medical mortgage brokers help?
Medical mortgage brokers understand how healthcare income can include base salary, overtime, allowances, salary packaging, private practice earnings or self-employed income. They can compare lender policies, explain the trade-offs, prepare your application and manage much of the administration. The goal is to find a suitable loan structure based on your needs, not simply the lowest advertised rate.
How do I compare affordable home loans for healthcare workers?
Affordable home loans for healthcare workers should be compared using more than the headline interest rate. Consider the comparison rate, fees, deposit requirement, LMI cost, offset or redraw features, repayment flexibility and the total cost over time. Your borrowing capacity and long-term budget matter too, so any recommendation should be based on your individual circumstances.
How do I find a medical mortgage broker near me?
When searching for a medical mortgage broker near me, look for relevant healthcare-lending experience, clear communication, professional accreditation and access to a broad lender panel. Many applications can be handled by phone or online, so location is not the only consideration. Medico Home Loans can discuss your situation and explain suitable next steps before you apply.
Ready to Compare Home Loans for Medical Professionals?
Book a free 15-minute assessment with Australian medical mortgage brokers who understand healthcare lending. We will compare suitable medical professional home loan rates and explain how LMI waivers, overtime recognition, offset or redraw features, fees and lender policy may affect your options, without obligation or jargon.
- The lender pays us, it costs you nothing
- No obligation, no pressure
- MFAA-accredited · 20+ years in finance