As a dentist, 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, no minimum income requirement, and aggregate lending up to $7.5 million across all properties. On a single purchase, this can save you $15,000 to $60,000+.
We specialise in dentist home loans. We know which lenders accept production-based billings as PAYG, which assess self-employed dentists on one year of tax returns instead of two, which offer 95% LVR for new graduates, and which restrict certain postcodes or exclude interest-only. 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 dentist 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 dentist, it is waived entirely. Here is what a regular borrower would pay, and what you save:
| Property Value | LVR | Loan Amount | Estimated LMI (non-dentist) | Dentist 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. Use our property deposit calculator for your exact numbers, or book a free consultation for your personalised LMI saving.
A mortgage for dentists requires a broker who understands dental lending policies, AHPRA registration, and complex dental income structures:
Not all lenders offer dentist home loans, and those that do have very different policies. Some waive LMI up to 95% LVR, others only to 85% or 90%. Some accept new graduates, others require general or specialist registration only, and at least one requires three years of experience. Some impose a debt-to-income (DTI) cap that reduces your LVR if exceeded. Some exclude interest-only repayments entirely. Maximum loan amounts range from $2 million per security to $7.5 million aggregate. Some will not lend in certain postcodes. 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 $1,500,000, the cost rises to approximately $33,600. With a dentist home loan, LMI is waived entirely at up to 90% to 95% LVR. The higher the LVR and property value, the more you save. If you previously paid LMI before knowing about dentist 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, percentage of billings, associate fees, contractor invoices, practice drawings, or trust distributions. Some lenders accept production-based income at face value. Others average it conservatively over 12 months or treat it as self-employed income requiring two years of tax returns. Some lenders assess self-employed dentists on a single year of tax returns if you have been self-employed for at least one full financial year, a major advantage if you recently bought into or started a practice. The wrong lender means less borrowing power or a declined application. You get matched to the lender that assesses your dental income most favourably.
Many lenders offer rate discounts 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. Some lenders offer dentists the same rate at 90% LVR that other borrowers only receive at 80% LVR. 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 associate 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. 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 dental 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. If you have recently changed clinics, some lenders require you to have passed probation while others accept income from your first payslip. Dentists employed at public hospitals on a fixed salary have the most straightforward assessment.
Many associate dentists earn a percentage of the fees they generate - typically 40% to 45% of billings. 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.
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. Our self-employed home loan guide covers the full range of verification options.
Many dentists split their week across two or three clinics. 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 only count your primary role and ignore the rest. We match you with lenders that recognise all of your income streams together, so nothing is left on the table.
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 dentist with part salary from an associate role at another clinic and part 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 dentist.
Many dentists earn from multiple sources: a PAYG role at one clinic plus contractor income at another, or a salary plus practice profit share. Some lenders only assess the primary income stream and ignore secondary income. Others combine both but apply different serviceability rules to each. Some also require that at least 50% of income comes from the dental profession. You get matched with the lender that maximises borrowing power by accepting all your income streams together.
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, production-based 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 production-based 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 $200,000 to $400,000 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 dentists, cancelling unused credit cards alone adds $100,000+ to borrowing power.
Dentists 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 dentists and medical 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 dentist home loan calculator tools to estimate your borrowing capacity, maximum purchase price, and repayments. Your dentist mortgage calculator results will differ from standard calculators because dentist loans allow higher LVR without LMI:
Enter your savings. See your maximum purchase price.
Our property deposit calculator works as a dentist borrowing capacity calculator - it shows your maximum purchase price at 80%, 90%, and 95% LVR with stamp duty included. As a dentist with waived LMI, your 90% result is achievable without the LMI cost other borrowers pay on top.
LMI waiver eligibility, maximum LVR, and lender policies differ by dental role and AHPRA registration type:
All AHPRA-registered dentists with general registration qualify at up to 90% to 95% LVR with no LMI. No minimum income requirement with most lenders. Maximum loan amounts range from $2 million to $7.5 million depending on the lender. Some lenders have tiered limits. For example, up to a certain amount per security at 90% LVR, with a lower LVR cap for larger loans. This covers dentists working in private clinics, public hospitals, community health centres, and group practices. Dentists are consistently placed in the highest eligibility tier across the major lenders.
Read about LVR and how it affects your rateAll AHPRA-registered dental specialists qualify for a dentist home loan with waived LMI. This includes orthodontists, endodontists, periodontists, prosthodontists, oral surgeons, oral and maxillofacial surgeons, paediatric dentists, oral medicine specialists, oral pathologists, public health dentists, special needs dentists, dento-maxillofacial radiologists, and forensic odontologists. Specialist registration often provides access to the highest LVR limits and loan amounts.
Read our full No LMI home loan guideSeveral lenders accept provisional AHPRA registration, meaning new graduates and dentists completing supervised practice can access waived LMI. Other lenders only accept general or specialist registration, and some explicitly exclude provisional, limited, and non-practising registrations. At least one lender requires a minimum of three years of professional experience, which would rule out recent graduates entirely. Lender selection matters for recently qualified dentists.
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. However, some assess self-employed dentists on a single year of tax returns, provided you have been self-employed for at least one full financial year. This is a significant advantage if you recently purchased or started a practice. 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 loansDental hygienists, dental therapists, oral health therapists, and dental prosthetists are not eligible for the dentist LMI waiver. The waiver applies to the "dentist" division on AHPRA, not other dental practitioner categories. However, some lenders offer LMI waivers for allied health professionals registered with AHPRA. Other pathways include the Home Guarantee Scheme, a guarantor loan, or saving a 20% deposit.
Explore all pathways to home ownershipDental students (not yet registered), those with non-practising registration (unless on temporary leave such as parental leave), dental assistants, dental hygienists, and dental therapists do not qualify at most lenders. Dentists with limited registration for "area of need," teaching, research, or public interest purposes may also be excluded at certain lenders. If you do not qualify, we can still help you find the best standard home loan through our panel of 35+ lenders.
Read about deposit optionsYour strategy should match your career stage, income, and goals:
A dentist 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
Sarah, new graduate dentist, earning $120,000. She has $60,000 in savings and wants to buy a $750,000 apartment in Sydney. At 90% LVR, her loan is $675,000. She needs $75,000 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 dentist, she pays zero LMI. A regular borrower at the same LVR would pay approximately $16,800 in LMI. Sarah's total upfront cost: approximately $77,500. A non-dentist's total upfront cost at the same LVR: approximately $94,300. Sarah saves ~$16,800.
Your built-up equity can fund the deposit on your next home. You can keep your first property as an investment. Your dentist LMI waiver applies to the new purchase as well. The key is choosing the right lender: one that accepts your production-based income at full value, applies the smallest assessment rate buffer on your existing fixed rate loan, and treats your billings history favourably.
Example scenario
James, associate dentist earning $200,000 (45% of billings paid through payroll). He owns a $750,000 apartment with $300,000 equity and wants to buy a $1,200,000 family home. He keeps the apartment as an investment. At 90% LVR on the new home, his loan is $1,080,000. He pays zero LMI, saving approximately $26,900. He pays stamp duty of approximately $50,920 (no first home buyer concession above $1,000,000). The LMI saving offsets nearly half his stamp duty. The right lender treats his production-based billings as PAYG, maximising his borrowing power by $100,000+ compared to a lender that averages it over 12 months.
Dentist LMI waivers can apply to investment properties with some lenders, typically up to 90% LVR and up to 95% with the most generous lenders. Not all lenders extend the waiver to investment properties, and some cap the number of properties held above 80% LVR without LMI. 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. Patel, orthodontist with a $1.5M home loan and two investment properties. She originally paid LMI on all three properties before knowing about the dentist waiver. By refinancing all three loans with waived LMI to a lower rate with cashback ($4,000 per property), she saves $18,000+ per year in interest and receives $12,000 in cashback across the three loans. The LMI waiver means no LMI is payable on the refinance despite all 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. Select lenders assess self-employed dentists on a single year of tax returns if you have been self-employed for at least one full financial year, rather than averaging two years. If your practice is held in a trust or company, that structure needs clear documentation. Your income is presented so each stream reads as one coherent story, maximising borrowing power.
Read our self-employed home loan guideIf you originally paid LMI, refinancing as a dentist 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 specialists with a portfolio, refinancing all loans can save $20,000+ per year in interest while accessing cashback on each property.
Read our refinance guideMany dentists 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% to 95% LVR. You claim tax deductions on the investment loan interest and build wealth through capital growth and rental income.
Explore pathways to ownership"Had a great experience with Ali where he explained all my options and helped me understand exactly how my loan would work and with the best rate possible. Thanks for your help!"
"Ali is an excellent broker who truly knows his numbers. He made the entire process of securing two investment loans incredibly smooth and stress-free. What really sets him apart is the valuable advice he provides not just about loans, but also about making safe and smart investments. He's professional, reliable, and always has your best interests at heart. I've referred several friends and family to him, and they've all had the same outstanding experience."
"We have been working with Ali Hasani since 2018. He is a very helpful and knowledgeable person, and he supported us through the process and made the task very smooth for us. Whenever I have any mortgage-related queries, Ali is just a call away and always very prompt with his responses."
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 dental 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 dental income most favourably. Read our choosing the right finance guide.
The application is handled, AHPRA verification submitted, valuation arranged, and settlement coordinated. Your dentist 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 dentists ask us every day:
A home loan with special benefits for AHPRA-registered dental professionals. The main benefit is waived LMI when borrowing above 80% of the property value, typically up to 90% to 95% LVR. You may also receive discounted interest rates, higher maximum loan amounts, and more favourable income assessment. These benefits exist because lenders consider dentists low-risk borrowers with high income stability and very low default rates.
Dentists have very low default rates and exceptional job security with strong demand across Australia. Income potential is high and grows as you progress from associate to practice owner. Lenders also value the long-term banking relationship because dentists often hold savings, credit cards, practice banking, and equipment finance with the same institution.
With a dentist 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. Use our property deposit calculator to see your maximum purchase price based on your savings.
Yes. All lenders require verification through the Dental Board of Australia, most directly on the AHPRA website. Most accept general or specialist registration. Some also accept provisional registration for new graduates. Verification requirements vary: some lenders accept any one of current AHPRA registration, an Australian university degree, or the most recent tax return confirming the dental profession.
No minimum income requirement with most lenders in the highest eligibility tier. Unlike LMI waivers for lawyers and accountants (which may require $150,000+), dentist home loans are based on AHPRA registration, not income. This is particularly beneficial for new graduates earlier in their earning career. However, some lenders do require that at least 50% of the income used for serviceability comes from the dental profession.
Varies by lender. Per-security limits range from $2 million to $5 million. Aggregate exposure limits (total lending across all properties) range from $4 million to $7.5 million. Some lenders have tiered limits. For example, up to $2 million per security at their highest LVR, dropping to $3 million at a lower LVR. Some lenders allow up to $6 million to $8 million on houses in certain postcodes. 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% to 95% LVR, the same as owner-occupied at the most generous lenders. Others cap investment at 90% LVR. Some lenders limit the number of properties you can hold above 80% LVR without LMI at any one time (for example, one owner-occupied and one investment). Not all lenders offer the waiver for investment. The loan is structured with separate splits for tax-deductible investment debt.
Many associate dentists 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 dentists 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. Select lenders offer a single-year tax return concession. If you have been self-employed for at least one full financial year, your income is assessed on the latest year rather than the standard two-year average.
Yes. Locum income paid through ABN invoices may be treated as self-employed income by some lenders. Others accept a shorter history with invoices, BAS, and evidence of previous PAYG employment. Some accept an ABN as little as 6 months old.
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 95% LVR may reduce this to 90% if your DTI exceeds 6, and another lender may drop from 90% to the standard 80%. 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 require principal and interest (P&I) repayments only under the LMI waiver, with no interest-only option at all. Others allow interest-only converting to P&I after a fixed period, but not permanent interest-only. Some cap interest-only at a lower LVR, for example 80% LVR for owner-occupied interest-only versus 95% for P&I. For investment properties, interest-only is more commonly available but still varies. If interest-only is important to your strategy, this is a key factor in lender selection.
Some lenders extend the LMI waiver to fixed-price construction contracts, meaning you can build a new home with waived LMI at up to 90% to 95% LVR. Others 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. Dentist home loans typically offer the same or better rates. Many lenders offer rate discounts specifically for dental professionals through their medico banking divisions. Some offer rates 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 dentist 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 dentist can access the LMI waiver. Most lenders require the dentist to hold at least equal ownership share on title and be a borrower on the loan. If there are three or more owners, the dentist's share must be the largest or equal largest. The non-dental spouse's income also counts toward borrowing power. If the non-dental spouse wants majority ownership for asset protection, check lender requirements carefully as this may affect eligibility.
Yes. The dentist 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.
Dentists with straightforward PAYG income and clean AHPRA registration can be pre-approved within hours to a few days. Complex applications (self-employed, multiple practice streams) may take longer. Pre-approval is valid for approximately 90 days. Current turnaround times vary by lender. Some 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. Different lenders offer different LVR limits (85% versus 90% versus 95%), maximum loan amounts, income assessment methods, DTI thresholds, interest-only availability, postcode restrictions, 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.
Yes. All four major banks have medico lending policies that include dentists. However, the best deal is not always with a major bank. Non-bank and second-tier lenders sometimes offer more competitive rates or higher LVR limits. All 35+ lenders are compared to find the best overall deal.
No. Dental hygienists, dental therapists, oral health therapists, and dental prosthetists are not eligible for the dentist LMI waiver. Some lenders offer a separate LMI waiver for other AHPRA-registered allied health professionals. The Home Guarantee Scheme or a guarantor loan are alternative pathways.
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 dentist 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. If your property is in a non-metropolitan area, we check postcode eligibility across all lenders before recommending one. Most lenders apply the waiver without postcode restriction for standard metropolitan properties. Select lenders also accept prestige properties, rural properties up to 8 hectares, and even practice premises offered as security collateral.
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. You can compare rates using the comparison rate, which includes fees and charges. Some lenders waive annual package fees for dental professionals. The LMI waiver does not limit your feature access.
Depends on income, debts, expenses, and lender. Dentists may borrow more than other borrowers at the same income due to career stability. 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 dentistry. If you refinance later and your AHPRA registration has lapsed, you would not qualify for a new LMI waiver. Your existing loan is unaffected.
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. Select lenders accept prestige properties, rural properties up to 50 hectares, vacant land up to 8 hectares, and up to 4 dwellings on one title. Some lenders also accept practice premises offered as security collateral under specific conditions. 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.
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 $4 million to $7.5 million. Some lenders also limit the number of properties held above 80% LVR without LMI at any one time. 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. Some offer dentists the same rate at 90% LVR that other borrowers only get at 80% LVR. 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 dentist 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. For high-income dentists, debt recycling can save significant tax while building wealth. 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.
Use our mortgage broker status and get cheaper interest rates across all professions:
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