As a chiropractor, you qualify for home loan benefits most borrowers cannot access: waived Lenders Mortgage Insurance (LMI) at up to 90% to 95% LVR, discounted interest rates through medico banking divisions, and loan amounts up to $4.5 million per security. On a single purchase, this can save you $15,000 to $60,000+. Not all lenders include chiropractors in their medico policies, so lender selection matters more for chiropractors than for almost any other health profession.
We specialise in chiropractor home loans. We know which lenders accept chiropractors (many do not), which offer 95% LVR versus 90%, which require a minimum income from chiropractic and which have no income threshold, which treat fee-for-service billings as PAYG, and which require two years of financials for practice owners. We compare 35+ lenders so you get the best deal for your situation, not just whatever one bank offers.
First home buyers can combine the LMI waiver with the NSW stamp duty concession (nil on properties up to $800,000 and a concessional rate between $800,000 and $1,000,000) for $30,000+ in combined savings. If you already own property, we help you use equity to invest or refinance to a lower rate with waived LMI. Buying, investing, or refinancing, our service costs you $0. Use our repayment calculator or equity calculator to start planning your numbers.
Find out how much you save with a chiropractor home loan
We verify your AHPRA eligibility, calculate your borrowing power across 35+ lenders, and show you exactly how much you save on LMI and interest. Buying, investing, or refinancing - $0 cost.
Get my free home loan assessmentLenders Mortgage Insurance is one of the biggest upfront costs when buying with less than 20% deposit. As a chiropractor, it is waived entirely. Here is what a regular borrower would pay, and what you save:
| Property Value | LVR | Loan Amount | Estimated LMI (non-chiropractor) | Chiropractor Saves |
|---|---|---|---|---|
| $750,000 | 90% | $675,000 | ~$16,800 | ~$16,800 |
| $750,000 | 95% | $712,500 | ~$29,500 | ~$29,500 |
| $1,000,000 | 90% | $900,000 | ~$22,400 | ~$22,400 |
| $1,000,000 | 95% | $950,000 | ~$39,300 | ~$39,300 |
| $1,500,000 | 90% | $1,350,000 | ~$33,600 | ~$33,600 |
| $1,500,000 | 95% | $1,425,000 | ~$59,000 | ~$59,000 |
| $2,000,000 | 90% | $1,800,000 | ~$44,800 | ~$44,800 |
| $2,000,000 | 95% | $1,900,000 | ~$78,600 | ~$78,600 |
Estimates only. Actual LMI costs vary by lender, insurer, state, and borrower profile. Assumes standard residential property, owner-occupied, principal and interest repayments. 95% LVR is available with select lenders for owner-occupied purchases. Use our property deposit calculator for your exact numbers, or book a free consultation for your personalised LMI saving.
A mortgage for chiropractors requires a broker who understands medico lending policies, AHPRA registration, and chiropractic income structures:
Not all lenders offer chiropractor home loans, and those that do have very different policies. Some waive LMI up to 95% LVR for owner-occupied purchases, others cap at 90%, and several major lenders do not include chiropractors in their medico policies at all. This is the biggest difference between a chiropractor home loan and a doctor home loan. Some lenders require a minimum combined gross income of $90,000 from chiropractic, while others have no income threshold. Maximum loan amounts range from $4.5 million to $5 million per security, with aggregate exposure limits of $7.0 million to $7.5 million. Some lenders require the eligible chiropractor to hold an equal share of property ownership on title unless it is an asset protection arrangement with a spouse. You get every relevant lender compared against your registration type, income structure, and financial situation so you get the best deal, not just whatever your bank offers.
LMI is one of the biggest upfront costs when buying with less than 20% deposit. A regular borrower purchasing a $1,000,000 property at 90% LVR would pay approximately $22,400 in LMI. At 95% LVR, that rises to approximately $39,300. With a chiropractor home loan, LMI is waived entirely at up to 90% to 95% LVR depending on the lender. The higher the LVR and property value, the more you save. If you previously paid LMI before knowing about chiropractor home loans, you can refinance with waived LMI and never pay it again. Use our property deposit calculator for your exact numbers, or book a free consultation for your personalised LMI saving. Read our LMI guide for more detail.
Your income is unique: PAYG salary from a group practice, fee-for-service billings, percentage of billings, contractor invoices, practice drawings, or partnership distributions. Some lenders accept fee-for-service income at full value if paid through payroll with tax withheld. Others average it conservatively over 6 to 12 months or treat it as self-employed income requiring two years of tax returns. Some lenders require that the primary source of income comes from the eligible chiropractic profession. Choosing the right lender can increase your borrowing power by $50,000 to $150,000. You get matched to the lender that assesses your chiropractic income most favourably.
Many lenders offer rate discounts for chiropractors through medico or professional banking divisions not accessible through branches or the bank's website. Your application goes directly to the medico division with AHPRA verification and documentation prepared to their requirements. Faster turnaround, better rates, fewer delays. We also compare cashback offers of $2,000 to $10,000 when switching lenders.
The lender pays the commission when your loan settles. You pay the same rate whether you go direct or through a broker. A mortgage broker is legally bound by the Best Interests Duty to recommend what is best for you, not the lender. Learn about our team.
Your income changes as you progress from new graduate to experienced practitioner to practice owner. As income grows and equity improves, better rates become available. You receive annual rate reviews and proactive contact when a better deal comes up. We also help you release equity to fund your next investment property as your portfolio grows.
Doctors and allied health professionals registered with AHPRA are eligible for exclusive home loan deals. The following medical professionals may qualify for a doctor home loan with waived LMI:
Eligibility varies by lender. Not all lenders accept all professions listed above. Chiropractors in particular are only accepted by a select group of lenders. If your medical occupation is not listed and you believe you may be eligible, contact us and we will confirm your eligibility immediately.
Not all banks accept every type of chiropractic income. Approaching the wrong lender can mean a declined application or reduced borrowing power:
100% accepted by all lenders. Two recent payslips from your current employer are required. This is common for chiropractors employed in multidisciplinary clinics and group practices. If you have recently changed employers, some lenders require you to have passed probation while others accept income from your first payslip. Chiropractors employed in public hospitals or university clinics on a fixed salary have the most straightforward assessment.
Many chiropractors earn a percentage of billings rather than a fixed salary, typically 40% to 50% of patient fees. Some lenders treat this as PAYG if paid through the clinic's payroll with tax withheld. Others treat it as variable or self-employed income, requiring longer history. The calculation period varies: some use the most recent 3 months, others 6 or 12 months. Choosing the right lender can increase your borrowing power by $50,000 to $150,000.
Many chiropractors operate under a service agreement where you rent a room within another clinic and keep your own patient billings minus a service fee. Some lenders treat this arrangement as PAYG if the clinic pays you through payroll with tax withheld. Others classify it as self-employed income requiring two years of tax returns, even if you have been practising consistently for years. The way lenders interpret your service agreement can mean the difference between approval and decline. You get matched to the lender that treats your billing arrangement most favourably. Our self-employed home loan guide covers the full range of verification options.
If you invoice the practice for your services through an ABN, most lenders require two years of tax returns. Some accept a shorter history with invoices, BAS, and evidence of consistent billings. Some lenders accept an ABN as little as 6 months old if you have prior PAYG history in the same profession.
Two years of tax returns and financials are generally required. If your practice income flows through a company or trust, the way income reaches you needs clear documentation: drawings, director fees, trust distributions, or a combination. A chiropractor with a PAYG role at one clinic and profit from their own practice looks stronger than a pure contractor file, but only if the income is presented as one coherent story. Note that some lenders only accept individual borrowers under the LMI waiver. Companies, trusts, and guarantor entities may be excluded at certain lenders even if the underlying borrower is an eligible chiropractor.
Many chiropractors earn income from multiple sources: an associate role at one clinic plus their own patients at another, or a salary plus practice profit share. Some lenders only assess the primary income stream and ignore secondary income. Others combine both streams but apply different serviceability rules to each. Some require that the primary source of income comes from the eligible chiropractic profession. If you are also repaying a practice purchase loan or equipment finance, this counts as a committed debt and reduces borrowing power. We structure your application so practice debts and home loan capacity are optimised together across the right lenders.
Our founder spent 8+ years inside one of Australia's major banks approving and declining loans. That experience means your application is built to get approved at the highest possible amount:
Most brokers submit and wait. Your application is checked against the lender's credit criteria before it goes in, so issues are resolved upfront. Complex income from practice ownership, fee-for-service billing, and mixed revenue streams is presented in the format credit assessors expect, less back-and-forth, faster approval.
Each bank calculates borrowing power differently. By testing your situation across every lender, we find the one that accepts 100% of your fee-for-service income instead of averaging it conservatively, applies the smallest assessment rate buffer on your existing fixed rate loan, and counts rental income at 80% instead of 70%. The difference between lenders can mean $100,000 to $300,000 in borrowing power on the same income. We also check for debt-to-income (DTI) restrictions. Some lenders cap the LMI waiver at a DTI of 6, meaning your maximum LVR drops if your total debts are too high relative to income. Identifying this before submission avoids surprises.
Major banks have specialised medico lending teams with pricing, LVR limits, and income policies not available through branches. Your application goes directly to the medico division with AHPRA verification and documentation prepared to their requirements, faster turnaround, better rates, fewer delays.
Simple changes can dramatically increase how much you borrow. Credit cards reduce borrowing power by $30,000 to $50,000 per $10,000 limit, even if paid off monthly. HECS repayments, buy now pay later accounts, and school fees also count against you. These are identified during your initial assessment so you know what to fix before the application goes in. For many chiropractors, cancelling unused credit cards alone adds $100,000+ to borrowing power.
Chiropractors spend their days treating patients, not answering phone calls from banks. Consultations are available Monday to Friday 9am to 9pm and weekends 9am to 6pm. All paperwork is handled, the lender chased, your solicitor coordinated with, the valuation arranged, and you kept updated through to settlement. After settlement, regular check-ins keep your rate competitive.
Ali Hasani spent 8+ years as a Senior Mobile Lending Specialist at one of Australia's big four banks, where medico home loan policies for chiropractors and health professionals are developed and administered. He holds a Diploma of Finance and Mortgage Broking Management and a Post Graduate Certificate in Accounting. MFAA accredited with a perfect settlement record. Learn more about our team.
Use our chiropractor home loan calculator tools to estimate your borrowing capacity, maximum purchase price, and repayments. Your chiropractor mortgage calculator results will differ from standard calculators because chiropractor loans allow higher LVR without LMI:
Enter your savings. See your maximum purchase price.
Our property deposit calculator works as a chiropractor borrowing capacity calculator. It shows your maximum purchase price at 80%, 90%, and 95% LVR with stamp duty included. As a chiropractor with waived LMI, your 90% and 95% results are achievable without the LMI cost other borrowers pay on top.
LMI waiver eligibility, maximum LVR, and lender policies differ by chiropractic role and AHPRA registration type:
AHPRA-registered chiropractors with general or specialist registration qualify for waived LMI at up to 90% to 95% LVR depending on the lender. One lender offers 95% LVR for owner-occupied principal and interest, the highest in the market for chiropractors. Most other lenders that include chiropractors cap at 90% LVR. Some lenders require a minimum combined gross income of $90,000 from the chiropractic qualification, while others have no income threshold at all. Not all lenders include chiropractors in their medico policies, which is why comparing across all lenders matters more for chiropractors than for almost any other health profession. Maximum loan amounts range from $4.5 million to $5 million per security.
Read about LVR and how it affects your rateAll chiropractic specialisations qualify for the LMI waiver including sports chiropractic, paediatric chiropractic, neurophysiology, kinesiology, and occupational rehabilitation. Your specialisation has no negative impact on your application. Specialist registration on AHPRA may provide access to higher LVR limits and loan amounts with select lenders.
Read our full No LMI home loan guideSome lenders accept provisional and limited AHPRA registration (including for postgraduate training or supervised practice), meaning new graduates can access waived LMI before obtaining general registration. Other lenders only accept general or specialist registration, and provisionally registered chiropractors are explicitly excluded. Some lenders require you to have been employed for at least 3 to 6 months or to have passed probation. Lender selection matters for recently qualified chiropractors.
Read our first home buyer guidePractice owners can access waived LMI provided they meet AHPRA registration and income verification criteria. Most lenders require two years of tax returns and financials. Some accept one year with BAS or an accountant's letter. Whether you own a sole practice or a multi-practitioner clinic, we identify lenders that assess chiropractic practice income most favourably. If your practice is held in a company or trust, check eligibility carefully. Some lenders only accept individual borrowers under the LMI waiver.
Read about self-employed home loansChiropractors with overseas qualifications who hold current AHPRA registration are eligible. Some lenders verify eligibility through AHPRA registration alone, while others accept an Australian university degree or the most recent tax return confirming the chiropractic profession as alternative verification. If your overseas qualification required additional assessment or examination for AHPRA registration, the LMI waiver still applies once registered.
Explore all pathways to home ownershipChiropractic students (not yet registered), those with non-practising registration (unless on temporary leave such as parental leave), student registrations, and chiropractic assistants do not qualify at most lenders. Some lenders also exclude limited registrations for teaching, research, or public interest purposes. If you do not qualify, we can still help you find the best standard home loan through our panel of 35+ lenders. Alternative pathways include the Home Guarantee Scheme, a guarantor loan, or saving a 20% deposit.
Read about deposit optionsYour strategy should match your career stage, income, and goals:
A chiropractor home loan lets you purchase with 5% to 10% deposit and no LMI. If your property is under $800,000, you also pay zero stamp duty as a first home buyer in NSW. Between $800,000 and $1,000,000, a concessional rate applies.
Example scenario
Lisa, new graduate chiropractor, earning $75,000. She has $50,000 in savings and wants to buy a $700,000 apartment in Sydney. At 90% LVR, her loan is $630,000. She needs $70,000 deposit plus approximately $2,500 in legal costs. As a first home buyer under $800,000 in NSW, she pays zero stamp duty. As a chiropractor, she pays zero LMI. A regular borrower at the same LVR would pay approximately $15,700 in LMI. Lisa's total upfront cost: approximately $72,500. A non-chiropractor's total upfront cost at the same LVR: approximately $88,200. Lisa saves ~$15,700.
Your built-up equity can fund the deposit on your next home. You can keep your first property as an investment. Your chiropractor LMI waiver applies to the new purchase as well. The key is choosing the right lender: one that accepts your fee-for-service income at full value, applies the smallest assessment rate buffer on your existing fixed rate loan, and treats your billings history favourably.
Example scenario
Mark, associate chiropractor earning $130,000 (fee-for-service paid through payroll). He owns a $650,000 apartment with $250,000 equity and wants to buy a $1,100,000 family home. He keeps the apartment as an investment. At 90% LVR on the new home, his loan is $990,000. He pays zero LMI, saving approximately $24,600. He pays stamp duty of approximately $46,000 (no first home buyer concession above $1,000,000). The LMI saving offsets over half his stamp duty. The right lender treats his fee-for-service billings as PAYG, maximising his borrowing power by $100,000+ compared to a lender that averages it over 12 months.
Chiropractor LMI waivers can apply to investment properties with some lenders, typically up to 90% LVR. Not all lenders extend the waiver to investment properties. Each investment loan is structured separately to maximise negative gearing deductions, avoid cross-collateralisation, and diversify across lenders. Interest-only availability varies: some lenders exclude IO entirely under the waiver, others allow IO converting to P&I, and some cap IO at a lower LVR such as 80% for owner-occupied.
Example scenario
Dr. Singh, practice owner with a $1.2M home loan and one investment property. She originally paid LMI on both properties before knowing about the chiropractor waiver. By refinancing both loans with waived LMI to a lower rate with cashback ($4,000 per property), she saves $12,000+ per year in interest and receives $8,000 in cashback across the two loans. The LMI waiver means no LMI is payable on the refinance despite both properties being above 80% LVR.
Practice drawings, trust distributions, partnership profit shares, and mixed PAYG create complexity standard lenders struggle with. Some accept 1 year of financials, BAS, or an accountant's letter. If your practice is held in a trust or company, that structure needs clear documentation. If you are planning to buy into or purchase a practice, timing matters: securing your home loan before the practice purchase means lenders assess you as PAYG with simpler income verification. After the practice purchase, you become self-employed and most lenders require two years of financials. We help you plan the sequence to maximise borrowing power.
Read our self-employed home loan guideIf you originally paid LMI, refinancing as a chiropractor lets you switch without paying LMI again, even if your LVR is above 80%. Combined with a lower rate and potential cashback ($2,000 to $10,000), refinancing can save thousands per year. For chiropractors with a portfolio, refinancing all loans can save $15,000+ per year in interest while accessing cashback on each property.
Read our refinance guideMany chiropractors want to live near their clinic but cannot afford to buy in the same area. Rentvesting lets you rent close to your practice while buying an investment property in a growth area. With select lenders, your LMI waiver applies to the investment property at up to 90% LVR. You claim tax deductions on the investment loan interest and build wealth through capital growth and rental income.
Explore pathways to ownership"Ali is the best broker, very informative and runs you through several scenarios to get you the best outcome."
"Best home loan lender. I purchased a property recently, and this team managed to obtain my loan within a short turnaround period. I would rate you as one of the best brokers in Ryde."
"Incredible service! Mojtaba was fast, responsive, and always ahead of the game. We were able to close quickly thanks to their diligence and expertise. Truly a pleasure to work with."
Your AHPRA registration is verified, your income structure assessed, borrowing power calculated across 35+ lenders, and the lender with the highest LVR and waived LMI for your chiropractic role identified. Stamp duty concessions and other benefits are checked.
Your best options are presented with clear comparisons of LMI waiver LVR limits, interest rates, comparison rates, fees, offset features, and maximum loan amounts. You see which lender assesses your chiropractic income most favourably. Read our choosing the right finance guide.
The application is handled, AHPRA verification submitted, valuation arranged, and settlement coordinated. Your chiropractor home loan settles with no LMI. Ongoing support and annual rate reviews follow.
Educate yourself on LMI, government schemes, loan structures, and property strategies:
Real answers to the questions chiropractors ask us every day:
A home loan with special benefits for AHPRA-registered chiropractors. The main benefit is waived LMI when borrowing above 80% of the property value, typically up to 90% to 95% LVR depending on the lender. You may also receive discounted interest rates, higher maximum loan amounts, and more favourable income assessment. These benefits exist because lenders consider chiropractors low-risk borrowers with stable income and strong career security.
Chiropractors are AHPRA-registered health professionals with stable careers and growing demand for spinal health services across Australia. Lenders classify chiropractors as low-risk borrowers alongside other allied health professionals, which allows access to medico lending policies with waived LMI and discounted rates. Lenders also value the long-term banking relationship because chiropractors often hold savings, practice banking, and equipment finance with the same institution.
With a chiropractor home loan, you can purchase with 5% to 10% deposit and no LMI. On a $1,000,000 property, that means $50,000 to $100,000 instead of $200,000. The 5% deposit option (95% LVR) is available with select lenders for owner-occupied principal and interest loans. Most lenders cap at 10% deposit (90% LVR). Use our property deposit calculator to see your maximum purchase price based on your savings.
Yes. All lenders require current AHPRA registration through the Chiropractic Board of Australia, most verified directly on the AHPRA website. Most lenders require general or specialist registration. Some also accept provisional and limited registration (including for postgraduate training or supervised practice). Student and non-practising registrations are excluded. Verification requirements vary: some lenders accept any one of current AHPRA registration, an Australian university degree, or the most recent tax return confirming the chiropractic profession.
Yes. Some lenders accept provisional and limited AHPRA registration, meaning new graduates can access waived LMI before obtaining general registration. Other lenders only accept general or specialist registration, and provisionally registered chiropractors are explicitly excluded. Some lenders require you to have been employed for at least 3 to 6 months. Lender selection matters for recently qualified chiropractors with limited employment history.
It varies by lender. Some lenders offering chiropractor home loans have no minimum income requirement at all, with eligibility based solely on AHPRA registration. Other lenders require a minimum combined gross taxable income of $90,000 per year from the chiropractic qualification. Some require that the primary source of income comes from the eligible profession. This is why comparing across lenders matters: a chiropractor earning $80,000 may qualify with one lender but not another.
Varies by lender. Per-security limits range from $4.5 million to $5 million for lending without LMI at LVRs above 80%. Aggregate exposure limits (total lending across all properties) range from $7.0 million to $7.5 million. Some lenders have tiered limits, with a higher per-security cap at lower LVRs. Your actual borrowing capacity depends on income, debts, and serviceability.
Yes. Some lenders extend the LMI waiver to investment property purchases at up to 90% LVR. This applies to both principal and interest and interest-only repayment types at the most generous lenders. Not all lenders offer the waiver for investment properties. The loan is structured with separate splits for tax-deductible investment debt.
Many chiropractors earn a percentage of billings rather than a fixed salary. Some lenders accept this at full value if paid through payroll. Others average it conservatively over 6 to 12 months or treat it as variable income. Choosing the right lender can increase your borrowing power by $50,000 to $150,000.
Yes. Self-employed chiropractors can access waived LMI provided they meet AHPRA registration and income verification criteria. Most lenders require 2 years of tax returns. Some accept 1 year, BAS, or an accountant's letter.
Yes. Many chiropractors rent a room within another practice and keep their own billings minus a service fee. Some lenders treat this arrangement as PAYG if the clinic pays you through payroll with tax withheld. Others classify it as self-employed income requiring two years of tax returns. The distinction matters significantly for borrowing power. We identify which lenders assess your service agreement most favourably.
Yes. Some lenders impose a debt-to-income (DTI) cap on the LMI waiver. If your total debts (including the new loan, existing loans, HECS, and credit card limits) relative to your gross income exceed the threshold, typically a DTI of 6, your maximum LVR may drop. For example, a lender offering 90% LVR may reduce this to 80% if your DTI exceeds 6. This is why it is important to have your DTI assessed before choosing a lender. Cancelling unused credit cards and paying down existing debts can improve your DTI and unlock higher LVR limits.
It depends on the lender. Some lenders cap owner-occupied interest-only at 80% LVR under the medico policy, meaning you would need principal and interest repayments to access the higher LVR waiver. Others allow interest-only converting to P&I after a fixed period for both owner-occupied and investment. For investment properties, interest-only at up to 90% LVR is available with some lenders. If interest-only is important to your strategy, this is a key factor in lender selection.
Some lenders do not exclude construction loans from their medico policy, meaning you may be able to build a new home with waived LMI at up to 90% LVR under a fixed-price construction contract. Other lenders explicitly exclude construction loans and vacant land from the waiver. Availability depends on the lender, the contract type (fixed price versus cost-plus), and the property location. If building is part of your plan, we identify which lenders cover construction under the waiver.
No. Chiropractor home loans typically offer the same or better rates. Many lenders offer rate discounts specifically for health professionals through their medico banking divisions. Some offer chiropractors the same rate at 90% LVR that non-professionals only get at 80% LVR.
Yes. You can refinance to a new lender with waived LMI, even if your current LVR is above 80%. This is valuable if you originally paid LMI before knowing about chiropractor home loans.
Personal ID (passport or licence plus citizenship or residency proof), AHPRA registration verification, proof of income (2 recent payslips for PAYG, or 2 years of tax returns for self-employed), bank statements showing savings, and details of existing loans. Practice owners may need an accountant's letter and business financials. A complete checklist is provided specific to your situation.
Yes. Joint applications with an eligible chiropractor can access the LMI waiver. Most lenders require the chiropractor to hold at least equal ownership share on title and be a borrower on the loan. Some lenders make an exception for asset protection arrangements with a spouse or de facto partner. The non-chiropractor spouse's income also counts toward borrowing power.
Yes. The chiropractor LMI waiver is from the lender; stamp duty concessions are from the NSW government. They are completely separate. On a $750,000 first home purchase, you pay zero stamp duty and zero LMI, saving potentially $30,000+ in combined upfront costs.
Chiropractors with straightforward PAYG income and clean AHPRA registration can be pre-approved within hours to a few days. Complex applications (self-employed, multiple income streams) may take longer. Pre-approval is valid for approximately 90 days. Some lenders process applications in 1 to 2 business days, others take up to 7 business days for complex self-employed applications.
A bank can only offer its own product. A broker compares 35+ lenders. Not all lenders include chiropractors in their medico policies, so using a broker ensures you find the lenders that do. Different lenders offer different LVR limits (90% versus 95%), maximum loan amounts, income assessment methods, income thresholds, DTI restrictions, interest-only availability, and registration requirements. If you go to a branch, they may not offer you the medico rate. The service costs $0.
$0. The lender pays the commission (typically 0.45% to 0.65% of the loan value) when your loan settles. You pay the same rate whether you go direct or through a broker. Meet our team.
No. This is the biggest difference between a chiropractor home loan and a doctor or dentist home loan. While doctors are included by nearly every lender, chiropractors are only accepted by a select group. Some major lenders do not include chiropractors at all. Among those that do, LVR limits vary from 90% to 95%, some require a minimum income threshold, and others have no income requirement. Using a broker who knows which lenders include chiropractors is essential to accessing the best deal. Going to a bank that does not have a chiropractic policy means paying full LMI or being declined.
It depends on the lender. Some only accept individual borrowers under the LMI waiver. Companies, trusts, and guarantor entities are explicitly excluded. Others have no such restriction and allow the waiver where the eligible chiropractor is a borrower regardless of the ownership structure. If you use a trust or company for asset protection, lender selection is critical to ensure the waiver still applies. We identify which lenders accommodate your structure.
Yes, at some lenders. The LMI waiver may not be available for properties in postcodes classified as high risk or at risk, typically regional towns, mining towns, or areas with volatile property markets. Most lenders apply the waiver without postcode restriction for standard metropolitan properties. If your property is in a non-metropolitan area, we check postcode eligibility across all lenders before recommending one.
Yes. Lenders include school fees as a committed expense in their serviceability assessment. Private school fees of $20,000 to $40,000 per child per year can reduce borrowing power significantly. Some lenders treat school fees more conservatively than others. If you have children at private school, we identify lenders that minimise the impact of school fees on your borrowing capacity.
All standard features: fixed rate and variable rate options, 100% offset accounts, redraw facilities, split loans, interest only repayments (where available under the waiver, see the interest-only FAQ above), and line of credit. Some lenders waive annual package fees for health professionals. The LMI waiver does not limit your feature access.
Depends on income, debts, expenses, and lender. Each lender calculates differently, so using a broker across 35+ lenders maximises borrowing power. Use our mortgage repayment calculator to estimate repayments.
Significantly. Lenders assess card limits as fully drawn. A $10,000 limit reduces borrowing by approximately $30,000 to $50,000. Multiple cards can reduce capacity by $100,000+. Credit cards also increase your debt-to-income ratio, which may reduce the LVR available under the LMI waiver at some lenders. Cancelling unused cards before applying is one of the simplest ways to boost your borrowing power.
Yes. HECS does not prevent approval but reduces borrowing power. Lenders count the compulsory repayment (1% to 10% of income) as a committed expense. Some lenders treat HECS more favourably than others.
Yes. Lenders check for active BNPL accounts (Afterpay, Zip, Humm). These count as liabilities and reduce borrowing power. Some lenders view BNPL negatively. Close any BNPL accounts before applying.
The LMI waiver is assessed at application time. Once your loan settles with waived LMI, you do not need to remain in chiropractic. If you refinance later and your AHPRA registration has lapsed, you would not qualify for a new LMI waiver. Your existing loan is unaffected.
Some lenders accept temporary visa holders, though terms may differ: lower LVR, higher deposit, or property restrictions. Permanent residents and citizens have the widest lender choice. Contact us to check eligibility for your visa type.
The LMI waiver applies to standard residential property: houses, townhouses, and apartments. Some lenders restrict small apartments (under 50sqm), high-density buildings, or rural properties. If you have not found a property yet, you can apply as a home seeker and receive conditional approval subject to valuation, valid for 90 days.
Many chiropractors work across two or three clinics each week. If each role is paid through payroll with tax withheld, most lenders will combine both income streams. If one or more roles are paid through your ABN, lenders may treat the ABN portion as self-employed income, requiring longer history. Some lenders treat multi-clinic work as casual income regardless of total hours, which reduces borrowing power. Others accept it as permanent if you have a consistent schedule and payslips from each employer. We identify lenders that combine income from all your clinics to maximise your borrowing capacity.
Timing matters. If you are planning to buy into or purchase a practice, securing your home loan first is usually the better strategy. While employed as a PAYG chiropractor, income verification is simpler and more lenders are available. After the practice purchase, you become self-employed and most lenders require two years of financials before they will assess your income. Practice purchase loans and home loans are assessed separately but both count toward your total debt. We help you plan the sequence to maximise borrowing power for both the home and the practice.
Yes. There is no limit on properties, provided each falls within the lender's maximum loan amount and LVR limits and you have sufficient borrowing capacity. Some lenders impose exposure limits per borrower. Aggregate caps range from $7.0 million to $7.5 million. To grow a portfolio, loans are spread across multiple lenders to avoid concentration limits. Each loan is structured separately for tax efficiency.
Generally the same as or better than standard rates. Many lenders offer medico-only rate discounts through their professional banking divisions. Rates change frequently, so we compare the latest fixed and variable offers across 35+ lenders and negotiate the best deal for your situation. Contact us for today's best chiropractor home loan rates.
Debt recycling converts non-deductible home loan debt into tax-deductible investment debt. You draw equity from your home to invest in an income-producing asset (such as an investment property or shares), then use the returns to pay down your non-deductible home loan faster. It requires careful loan structuring with separate splits for deductible and non-deductible debt. Speak to your accountant and contact us to structure the loans correctly.
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