Home loans for Doctors

Home Loans for Doctors Sydney | No LMI Mortgage Broker | Buyvest

Home loans for medical professionals

Home loans for doctors.
No LMI. $0 cost.

Waived LMI at up to 95% LVR for AHPRA registered doctors. Your Sydney doctor mortgage broker. 35+ lenders, $0 cost.

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35+
Lenders
95%
Max LVR, no LMI
$60k+
Max LMI saved
$0
Cost to you

How do home loans for doctors work?

As a doctor, lenders will waive Lenders Mortgage Insurance (LMI) when you borrow up to 90% to 95% of the property value. Many add a cheaper rate through their medico banking teams. Most set no minimum income rule. Call it a medico home loan or a doctor mortgage. Either way, it can save you $15,000 to $60,000+ on one purchase.

This is what we do all day as a mortgage broker for doctors. Every lender reads medical income differently. Overtime, salary sacrifice, provisional AHPRA registration, one year of tax returns. The rules change all the time, and tracking them is our job. We compare 35+ lenders and find the deal that fits you.

First home buyers can stack the LMI waiver with the NSW stamp duty concession and save $30,000+ upfront. Already own property? Use your equity to invest or refinance with the LMI waived again. Our service costs you $0, and you deal with the same broker from first call to settlement.

The numbers

How much LMI do doctors save?

LMI is one of the biggest upfront costs when you buy with less than a 20% deposit. As a doctor, you skip it completely.

Property valueLVRLoan amountLMI (non-doctor)Doctor saves
$750,00090%$675,000~$16,800~$16,800
$750,00095%$712,500~$29,500~$29,500
$1,000,00090%$900,000~$22,400~$22,400
$1,000,00095%$950,000~$39,300~$39,300
$1,500,00090%$1,350,000~$33,600~$33,600
$1,500,00095%$1,425,000~$59,000~$59,000
$2,000,00090%$1,800,000~$44,800~$44,800
$2,000,00095%$1,900,000~$78,600~$78,600

Estimates only. LMI varies by lender, insurer, state, and your profile. Use our property deposit calculator for your numbers, or book a free consultation and we will work out your exact saving.

How much can you save with a doctor home loan?

We check your AHPRA eligibility, work out your borrowing power across 35+ lenders, and show you what you save. Clear answers, no pressure.

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MFAA member. 10+ years lending experience. $0 cost to you.

Why Buyvest

Why use a mortgage broker for doctors?

A mortgage for doctors needs a doctor mortgage broker who knows medico lending, AHPRA registration, and medical income.

35+ lenders compared

Every lender plays by different medico rules. Some waive LMI to 95%, others stop at 90%. Some take provisional AHPRA registration, some do not. We track the rules and show you the winner.

LMI waived. $15k to $60k+ saved

A regular borrower pays about $22,400 in LMI on a $1M property at 90% LVR. You pay nothing. Paid LMI before? Refinance with the waiver and never pay it again.

Your income read right

Overtime, salary sacrifice, locum shifts, practice drawings. Some lenders count all of it, some cut it down. We match you with the one that reads your income best.

Medico banking divisions

Rate discounts you will not find in a branch. We deal with the medico teams directly. Faster answers, better rates.

$0 cost, best interests by law

The lender pays us when your loan settles. Your rate is the same either way. The Best Interests Duty means we must recommend what is best for you.

Reviewed every year

As you move from intern to specialist, better rates open up. We review your loan every year and call you when a better deal appears.

Which doctors and medical professionals qualify for waived LMI?

If you are registered with AHPRA as a doctor or allied health professional, there is a good chance you qualify. It comes down to your registration, not your salary. These medical professionals may be eligible:

  • Anaesthetists
  • Audiologists
  • Cardiologists
  • Chiropractors
  • Cosmetic surgeons
  • Dental surgeons
  • Dentists
  • Dermatologists
  • Emergency medicine specialists
  • Endocrinologists
  • Epidemiologists
  • Gastroenterologists
  • General Practitioners (GPs)
  • Gynaecologists
  • Haematologists
  • Immunologists
  • Intern doctors
  • Medical registrars
  • Medical residents
  • Nephrologists
  • Neurologists
  • Neurosurgeons
  • Obstetricians
  • Occupational therapists
  • Oncologists
  • Ophthalmologists
  • Optometrists
  • Orthodontists
  • Osteopaths
  • Paediatricians
  • Pathologists
  • Pharmacists
  • Physiotherapists
  • Plastic surgeons
  • Podiatrists
  • Psychiatrists
  • Psychologists
  • Radiographers
  • Radiologists
  • Rheumatologists
  • Sonographers
  • Surgeons (all specialties)
  • Urologists
  • Veterinarians

Which AHPRA registration types qualify for a doctor home loan?

General or specialist AHPRA registration gets you up to 90% to 95% LVR with no LMI. Several lenders accept provisional registration too, so interns, residents, and registrars can qualify. Dentists can get up to 90% to 95%. Veterinarians up to 90%, checked through their state vet board. Allied health professionals may qualify with selected lenders. The lines move, so ask us and we will check the current rules.

Who does not qualify for a doctor home loan?

Medical students and non-practising registration usually miss out. So does limited registration for area of need, teaching, or research. Nurses do not qualify, but some lenders run a separate waiver for registered nurses and midwives. Other paths in: the Home Guarantee Scheme, a guarantor loan, or a 20% deposit. Think you may qualify? Contact us and we will confirm straight away.

Your income

How do lenders assess doctor income?

Not every bank accepts every type of medical income. The wrong one can decline you or lend you far less. We walk you into the right one first.

Base PAYG salary

Every lender accepts 100% of this with two payslips. Just changed jobs? Some lenders want you past probation, others accept your first payslip.

Overtime and allowances

Most lenders count only 80% of overtime. A few count all of it. The right one can add $50,000 to $150,000 to your borrowing power.

Salary sacrifice

Some banks take salary sacrifice off your income. Others add it back. That difference can be worth $100,000+ in borrowing power.

Multiple hospitals or clinics

Payroll income from each role usually adds together. ABN income may count as self-employed. We find the lenders that count everything.

ABN and locum income

Most lenders want two years of tax returns. Some accept invoices, BAS, and a young ABN. Recently went out on your own? We know which lenders say yes.
Self-employed guide

Practice owners

Drawings, director fees, trust distributions. Some lenders assess one year of tax returns. We make your income read as one clear story.
How it works
Your career stage

What is the best doctor home loan for your career stage?

The right move depends on where you are in your career, what you earn, and where you want to end up.

Intern or resident buying your first home

A doctor home loan lets you buy with a 5% to 10% deposit and no LMI. NSW first home buyers can also pay less stamp duty, or none at all. Read our first home buyer guide.

Example scenario

Dr. Chen, PGY2 resident earning $140,000. She has $55,000 saved and wants a $700,000 apartment in Sydney. At 90% LVR her loan is $630,000. As a first home buyer under $800,000 in NSW she pays zero stamp duty. As a doctor she pays zero LMI, where a regular borrower pays about $15,700. Her upfront cost is about $72,500 instead of $88,200.

Registrar or GP upgrading to a family home

The equity in your current home can fund the deposit on your next one. Keep the first as an investment, and your LMI waiver applies to the new purchase too. The trick is the right lender for your overtime and salary sacrifice. Read our buying your next home guide.

Example scenario

Dr. Williams, advanced trainee earning $220,000 including $40,000 overtime and $15,000 salary sacrifice. He keeps his $750,000 apartment as an investment and buys a $1,300,000 family home at 90% LVR. Zero LMI saves him about $29,100. The right lender counts 100% of his overtime and adds his salary sacrifice back, lifting his borrowing power by over $120,000.

Specialist building an investment portfolio

With some lenders, the waiver covers investment properties too, often up to 90% and sometimes 95% LVR. We set up each loan on its own to keep your structure clean. Want interest-only? Tell us early, it changes the lender choice.

Example scenario

Dr. Kumar, cardiologist with a $1.8M home loan and two investment properties. He paid LMI on all three before he knew the waiver existed. He refinances all three with waived LMI, a lower rate, and $4,000 cashback per property. He saves $20,000+ a year in interest and picks up $12,000 in cashback, with no LMI even above 80% LVR.

Self-employed doctor or practice owner

Drawings, trust distributions, contractor billings, and part PAYG make a messy picture. Some lenders accept one year of financials, BAS, or an accountant letter. We make every stream read as one clear story. Read our self-employed home loan guide.

Refinancing your existing home loan

Paid LMI the first time? Refinancing as a doctor means you switch without paying it again, even above 80% LVR. Add a lower rate and you can save thousands a year. Some lenders run cashback offers too, and we track them.

Rentvesting: rent where you live, invest where it grows

Rent near your hospital, buy an investment property where prices grow. With select lenders, your LMI waiver applies there too, at up to 90% to 95% LVR. Chat to your accountant about the tax side. Explore pathways to ownership.

Borrowing power

How can doctors maximise their borrowing power?

Our founder spent 8+ years inside a major bank approving and declining loans. He knows what gets a yes. Your application gets built to be approved at the highest amount.

Pre-assessed before submission

Most brokers submit and hope. We check your file against the lender's credit rules first, so problems get fixed before they cause a decline.

Tested across every lender

On the same income, the gap between lenders can be $200,000 to $400,000. We find the one that reads your overtime, salary sacrifice, and debts the best way.

Straight to the medico team

Pricing and income rules you cannot get through a branch. We deal with the medico teams directly and push for sharper pricing.

Quick wins before you apply

A credit card cuts your borrowing power by $30,000 to $50,000 for every $10,000 of limit. Cancelling unused cards can add $100,000+.

Your schedule respected

Doctors do not work 9 to 5, so neither do we. Weekdays 9am to 9pm, weekends 9am to 6pm. We handle everything to settlement.

Inside lending experience

Ali Hasani spent 8+ years as a Senior Mobile Lending Specialist at one of Australia's big four banks. MFAA accredited, with a perfect settlement record.
Meet the team
How it works

How do you get a doctor home loan?

1

Free assessment

We check your AHPRA registration and your income, then find the lender with the highest LVR and waived LMI for you.
2

Compare and choose

See your best options side by side. Waiver limits, rates, fees, offsets, and which lender reads your income best.
3

Settle with zero LMI

We handle the application, valuation, and settlement. Your loan settles with no LMI, then we review your rate every year.
Plan ahead

How much can I borrow as a doctor?

Your results will look different to standard calculators, because medico loans let you borrow at a higher LVR without the LMI bill.

Property deposit calculator

Enter your savings and see your maximum purchase price at 80%, 90%, and 95% LVR, stamp duty included. Your 90% result is real, with no LMI.
Calculate

Home equity calculator

See how much equity you can pull from your current property for your next home or investment.
Calculate

Mortgage repayment calculator

Estimate your repayments across different rates and terms before you commit.
Calculate

Home loans for doctors, medico home loans, mortgage for doctors and waived LMI for GPs, surgeons, specialists, interns, registrars, dentists, veterinarians and allied health professionals across Sydney and Australia-wide.

Client reviews

5.0 ★★★★★ on Google

★★★★★
"Ali is an outstanding mortgage broker who made the entire process smooth and stress-free. His knowledge of lending options and ability to secure competitive rates gave me confidence I was in the right hands. He was always available and kept me updated throughout."
Verified Google review
★★★★★
"It's our second time using Ali as our broker, and once again he has been absolutely sensational! He makes the entire process seamless and completely stress-free. You can tell he always has your best interests at heart. Honestly, the best broker ever!"
Verified Google review
★★★★★
"Ali is our trusted advisor for many years. He responds swiftly and honestly. He is the best in working out options for loans. He goes above and beyond to get the best outcome for the customers."
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FAQ

Frequently asked questions about home loans for doctors

Real answers to the questions doctors ask us every day.

What is a doctor home loan?
A loan with special perks for AHPRA registered medical professionals. The big one is waived LMI above 80% LVR, usually up to 90% to 95%. You may also get discounted rates, higher loan caps, and a friendlier reading of your income. Lenders offer it because doctors have stable incomes and almost never default.
Why do doctors get special home loan deals?
Doctors almost never miss repayments and have excellent job security, with income that grows from intern to specialist. Banks also want you as a long-term customer.
How much deposit does a doctor need?
5% to 10%, with 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.
Do I need AHPRA registration?
Yes. Every lender wants current AHPRA registration and most check it directly. Most accept general or specialist registration. Some accept provisional, which covers interns, residents, and registrars. Veterinarians get checked through their state vet board. Not sure? Ask us.
Is there an income requirement?
No. Most lenders set no minimum income for doctors, unlike the waivers for lawyers and accountants. It comes down to AHPRA registration, not salary. One catch: some lenders want your main income from medical work.
What is the maximum loan amount?
It depends on the lender, and the caps move. As a guide, total lending can reach $7.5 million with some lenders. What you can borrow still comes down to your income and debts. We check the current caps for you.
Can I get waived LMI on an investment property?
Yes. Some lenders extend the waiver to investment property purchases at up to 90% to 95% LVR. Others cap it lower or not at all. We structure separate splits so your investment lending stays clean for tax time.
How does overtime affect my borrowing power?
Most lenders count only 80% of overtime. A few count all of it. The right lender can add $50,000 to $150,000 to your borrowing power, and we know who reads overtime best right now.
How does salary sacrifice affect my borrowing power?
Some banks take salary sacrifice off your income, others add it back. That difference can be worth $100,000+ in borrowing power, so the lender choice matters.
Can self-employed doctors get a doctor home loan?
Yes. Self-employed doctors can get waived LMI too. Most lenders want two years of tax returns. Some accept one year, BAS, or an accountant letter. We check the current rules for you.
Can locum doctors get a home loan?
Yes. Some lenders treat ABN locum income as self-employed. Others accept a shorter history with invoices, BAS, and proof of your previous PAYG work. We package it the way each lender wants.
Does my debt-to-income ratio affect my doctor home loan?
Yes, at some lenders. High debts compared with income can lower your maximum LVR under the waiver. Each lender draws the line in its own place, and the lines move. We check where you sit first.
Can I get interest-only repayments with a doctor home loan?
It depends. Some lenders only allow principal and interest under the waiver. Others allow interest-only for a set period, more often on investment loans. Tell us early, it changes which lender we pick.
Can I build a home with a doctor home loan?
Sometimes. Some lenders extend the waiver to fixed-price building contracts. Others rule out construction loans and vacant land. If building is your plan, we check the current policy for you.
Do doctor home loans have higher interest rates?
No. Doctor home loans usually match or beat standard rates. Many lenders offer medico-only discounts, and some give doctors the 80% rate at 90% LVR.
Can I refinance and avoid LMI as a doctor?
Yes. You can refinance to a new lender with waived LMI even above 80% LVR. Gold if you paid LMI before you knew doctor home loans existed.
What documents do I need?
ID, AHPRA registration, proof of income (two payslips, or tax returns if self-employed), bank statements, and details of any loans. We give you a checklist built for your situation.
My spouse is a doctor. Can we get a doctor home loan?
Yes. Joint applications with an eligible doctor can get the waiver. Most lenders want the doctor on the title and the loan. Your income counts toward borrowing power too.
Can I combine the LMI waiver with stamp duty concessions?
Yes. The waiver comes from the lender, stamp duty concessions from the NSW government, so you can stack them. That can mean zero stamp duty and zero LMI, $30,000+ in combined savings. We check what applies to you.
How quickly can I get pre-approved?
Doctors with simple PAYG income can be pre-approved within hours to a few days. Complex files take longer. Pre-approval lasts about 90 days.
Should I use a broker or go to my bank?
Your bank can only offer its own product. As a mortgage broker for doctors, we compare 35+ lenders that all differ on LVR, caps, and how they read your income. A branch may not even mention the medico rate. Our service costs $0 either way.
How much does a mortgage broker cost?
$0. The lender pays us a commission (typically 0.45% to 0.65% of the loan) at settlement. Your rate is the same either way. Meet our team.
Can I get the best rates with the major banks?
Yes. All four majors run medico policies, but the best deal is not always a big bank. We compare all 35+ and show you the winner.
Are nurses eligible for a doctor home loan?
No. But some lenders run a separate LMI waiver for registered nurses and midwives above a set income. The Home Guarantee Scheme or a guarantor loan are other ways in. Ask us what you qualify for.
Can I get a doctor home loan with a trust or company structure?
Some lenders allow it, usually where the doctor is trustee and beneficiary. Others only accept individual borrowers. The lender choice decides whether you keep the waiver, and we know who works with your structure.
Are there postcode restrictions on doctor home loans?
At some lenders, yes, often regional or mining towns. Most city properties are fine. The lists change, so we check your suburb before we apply.
Do school fees affect my borrowing power as a doctor?
Yes. Private school fees of $20,000 to $40,000 per child per year cut your borrowing power. Some lenders treat them more harshly than others, and we find the one that hits you least.
What loan features do doctors get access to?
All the usual: fixed and variable rates, 100% offset, redraw, splits, interest-only where allowed, and lines of credit. Some lenders even waive package fees for medical professionals.
How do credit cards affect my borrowing power?
A lot. Lenders treat your limit as fully spent, even if you clear it monthly. A $10,000 limit cuts borrowing by about $30,000 to $50,000. Cancelling unused cards before you apply is an easy win.
Can I get a doctor home loan with HECS-HELP debt?
Yes. HECS lowers what you can borrow but will not stop approval. Some lenders treat it more kindly than others, and we know which.
Do buy now pay later accounts affect my application?
Yes. Active Afterpay, Zip, or Humm accounts count as debts and cut your borrowing power. Close them before you apply.
What happens if I leave medicine?
Nothing bad. The waiver is checked when you apply, and once settled your loan is unchanged. Only catch: a future refinance needs current registration for a new waiver.
Are there property type restrictions on doctor home loans?
Standard homes are covered: houses, townhouses, and apartments. Some lenders rule out very small apartments or rural properties, others accept far more. You can get conditional approval before you find a property.
Can I buy multiple investment properties with a doctor home loan?
Yes. No set limit on properties, as long as you can service the debt. Some lenders cap total lending with them, so we spread loans across lenders and structure each on its own.
What are doctor home loan interest rates?
Usually the same as or better than standard rates, with medico-only discounts through professional banking teams. Rates change all the time, so contact us for today's best.
What is debt recycling and can doctors use it?
It turns home loan debt you cannot deduct into investment debt you can, using equity and separate splits. Talk to your accountant about whether it suits you, then talk to us about the loan setup.
All professions

Which professions qualify for no LMI home loans?

Use your professional status to skip LMI and get cheaper rates, whatever your industry.

Dentists

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Veterinarians

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Pharmacists

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Optometrists

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Physiotherapists

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Chiropractors

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Psychologists

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Osteopaths

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Podiatrists

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Sonographers

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Lawyers

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Accountants

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Bankers

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Auditors

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Actuaries

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All no-LMI loans

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Your best doctor home loan is one call away.

We compare 35+ lenders, find the highest LVR with waived LMI, push for a sharper rate, and handle everything. $0 cost.

0426 002 202 Let's meet

MFAA member. 10+ years lending experience.

Doctor home loan Sydney specialists helping medical professionals across 220+ suburbs and Australia-wide. Meet our team. Service regions: Sydney CBD, Sydney Central, Eastern Suburbs, Northern Beaches, North Shore, Inner West, Sutherland Shire, Hills District, St George, Canterbury-Bankstown, Western Sydney, Penrith.